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Tag: licensing

Do Private Lenders need a brokerage license to lend in Ontario?

The Mortgage Brokerages, Lenders and Administrators Act, 2006, requires that a mortgage lender hold a brokerage license in Ontario. And that a person or entity is a mortgage lender in Ontario when he, she or it lends money in Ontario on the security of real property, or holds themselves out as doing so. However there are exemptions, such as financial […]

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FRANCHISING vs. LICENSING and CHARITIES vs. NON-PROFIT ORGANIZATIONS

The Franchise Relationship & LicensingTransferring from one person to another, information or industrial or intellectual property rights to enable the transferee to engage in a commercial activity is the basis of franchise and licence agreements, yet simply just another form of contractual relationship. Business entities between them can make a franchise or license agreement of any sort.

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