Flipping houses in Canada – the law and the taxes
While the ant-flipping and assignment rules proposed by the federal government are made to benefit homeowners by cooling down the real estate market, they also place a significant burden on those who try to navigate through the constantly changing water of the real estate world.
Buying a New Condo in Ontario – What You Need to Know
With the drastic rise of home prices in the GTA, an increasing number of home buyers are looking at pre construction condos as an alternative to get into the housing market. In this post we’ll go over some frequently asked questions when considering buying a new condo in Ontario.
Demystifying Ontario Child Support
Understanding how child support works in Ontario can be confusing, especially when going through a divorce or separation. This form of financial help is crucial in ensuring the wellbeing of children during and after the transition.
The Benefits of a Secondary Will: FAQs
A secondary will can be a useful estate planning tool. Having a primary will is essential, but having a secondary will all depends on you as an individual and the types of assets you have.
Tips for Buying Your Dream Cottage in Ontario Without Legal Issues
From legal implications to practical limitations that may impact your plans for enjoying that dream property, it’s essential to be well-informed. So, get ready to escape the city and embrace the charm of cottage life with our expert advice on finding your ideal cottage for sale in Ontario.
The Benefits of Separating Out of Court
Couple with a more cooperative outlook can benefit from an uncontested divorce by initiating their separation through negotiation between their respective lawyers and skip the burdensome appearance in family court to determine their matrimonial matters.
Power of Attorney in Ontario: do I need one?
A Power of Attorney is a legal document that gives someone authority to make decisions on your behalf. In Ontario, there are two main types of Power of Attorney: the Power of Attorney for Personal Care and the Power of Attorney for Property.
SHOULD I OPEN A NOT-FOR-PROFIT OR A CHARITY?
While all charities and not-for-profit organizations operate on a not-for-profit basis, there are significant differences between them. To run the organization successfully, we would first need to understand the different laws and regulations that apply to not-for-profit and charitable organizations.
CAN I GIFT MONEY TO MY ADULT CHILDREN FOR DOWN PAYMENT TO PURCHASE A PROPERTY IN ONTARIO?
Rising real estate prices and strict mortgage rules have made securing a home loan and purchasing a house more difficult than ever. Younger generations are desperately turning to their parents for financial assistance in the form of gift money for home purchase or loaned down payments.
PRIVATE HOME SALE – CAN I SELL MY HOME WITHOUT A REAL ESTATE AGENT- IN ONTARIO?
The drastic increase in home prices in the past two years caused a great surge in private home sales in Ontario. As the home prices rose, so did the real estate commission of the agents who help sell the homes.