Real Estate Law
Joint Tenants And Tenants in Common
Homeownership is promising as there are many avenues available in Real Estate. In Ontario, concurrent ownership is typically divided into two categories: joint tenancy and tenants in common. In a joint tenancy, the partners own the whole property in equal shares, while tenants in common each have a definite share in the property. When deciding…
Read MoreSpouse Vs Common Law Partner
Those in healthy, long-term, romantic relationships may find the differences between common-law partnerships and legal marriages insignificant. While there are many similarities between legally recognized marriages and common-law partnerships, the differences can become very important upon the break-down of a relationship. Therefore, from time to time, instances arise whereby each type of relationship can benefit…
Read MoreCommencing a lawsuit in Ontario
If you want to start a lawsuit, it’s a good idea to retain a lawyer to assist you with the process. The first step is typically drafting and filing either a Statement of Claim or a Plaintiff’s Claim. A Plaintiff’s Claim commences proceedings in small claims court, and can be filed if the claimant is…
Read MoreTime Limits to Sue in Ontario
Deciding whether to sue someone is a big decision. Not only is litigation an expensive, time-consuming process, but it can also damage important relationships. It often takes time to decide whether it is really worth it to sue another person or entity. But how much time do you actually have to decide whether to sue…
Read MoreThe Ultimate Guide to Private Mortgages/ Lending
Investing in the real estate industry is becoming increasingly popular. With a proper foundation and knowledge, investing in real estate can be highly lucrative for anyone that has done it correctly. However, this is information that you were most likely already aware of. Particularly interesting instead is what are private mortgages/ lending and how you…
Read MoreWhat is a Canadian Mortgage Housing Corporation (CHMC) Insurance premium in mortgages and how to calculate it?
Mortgage insurance is always a good idea, no matter how big your down payment is, or how much premiums are. In the long run, you’ll save money. When you have a lawyer like Minhas Lawyer services on your side, you will find the path to home-owning very rewarding. Let’s take a look at the Canadian…
Read MorePersonal Real Estate Corporation (PREC) for Real Estate Agents, Salespersons and Brokers in Ontario
Lawyers play an important role in many things, but did you know real estate was one of them? Lawyers like Minhas Lawyer Services handle many situations, including helping real estate brokers and agents in Ontario to form a PREC. What is a PREC for Real Estate Agents, Salespersons, and Brokers in Ontario? A PREC or…
Read MoreIMPORTANT GUIDE FOR BUYERS
Across the GTA we can see that the real estate industry is prospering in growth and the market is seeing major sales despite the global pandemic, many millennials are taking a plunge into the homeownership industry, introducing themselves to long-term investments that they can make leading to future growth. Whether you are buying a house,…
Read MoreHOW HAS THE PANDEMIC CHANGED REAL ESTATE LAW
Many of us are happy to put the year of 2020 behind us and are looking forward to a better new year. It is important to note however, that Real Estate is one of the few industries that prospered during the pandemic and saw many positive developments. While the pandemic provided all sorts of hardships…
Read MoreBUYING, SELLING OR REFINANCING A PROPERTY?
If you are buying, selling, or refinancing a property, it can be easy to feel that hiring a real estate lawyer in Mississauga or in the GTA is just one more added expense during an already expensive process. But the fact is that there are some very good reasons as to why you need to…
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