Pension Split in Separation and Divorce
When spouses separate, pension is one of the item under the equalization of assets. Pension earned during a marriage is a joint asset which is
When spouses separate, pension is one of the item under the equalization of assets. Pension earned during a marriage is a joint asset which is
Record Suspension( formally known as Pardon) allows persons convicted of a criminal offence and have subsequently completed their sentence and rehabilitated themselves. Such persons may
According to section 24(1) of the Family Law Act, the court may grant exclusive possession of the matrimonial home or part of it to one
Certain Properties under the Family Law Act are excluded from the calculation of Net Family Property (NFP). The NFP is calculated as of the Valuation
Under the Ontario Family Law Act, matrimonial home is defined as ‘every property in which a person has an interest and that is or, if
Financial Disclosure is the most important part in any family law dispute. Family Law Act requires both parties to complete their financial disclosures stating their
There is a difference between closed and open mediation. Closed Mediation maintains confidentiality of the parties. This means that the negotiations and offers made are
Pre-mediation screening takes place before the parties agree to proceed with the mediation process. It helps the mediator to determine the procedural needs of each
Every person who has acquired a beneficial interest in the land by completing a registration of conveyance is liable to pay Land Transfer Tax under
Here are some of the reasons why one should opt for family law mediation over litigation. Court process is stressful and expensive. Mediation is a
Occupancy date also known as interim closing date is a date on which the purchaser takes possession of the new condo from builder, prior to
It is a date on which an adjustment is made for interest that accumulates between the date the loan/mortgage was advanced and the first charge
Every person who has acquired a beneficial interest in the land by completing a registration of conveyance is liable to pay Land Transfer Tax under
The buyer in a real estate transaction pays a deposit at the time when an offer is presented or when the offer is accepted by
Two or more people owning property where on the death of one, the survivors inherit the deceased’s share.
A document provided by the insurance company confirming that a property has been insured.
Any physical property that have become permanently attached or affixed to the real property; immovable possessions attached to the real property.
Exchange and holding of necessary deliveries like funds, keys and documents by the respective lawyers pending registration of the electronic documents.
The total amount the purchaser pays to the vendor to complete the real estate transaction.
An inspection conducted by a certified inspector professional that conducts detailed inspection of the condition of a property including structural, plumbing etc.. A satisfactory home
A portion of the purchase price of a property paid by the buyer(s) from their own resources without a mortgage.
The legal document showing the conveyance and title/ownership to a property.
What is Family Mediation? Mediation is a method of dispute resolution whereby the parties retain a third party trained mediator to assist them in reaching
A sum of money given by the buyer in a real estate transaction at the time when an offer to the Agreement of Purchase and
A title of the property that is clear of all liens, executions, encumbrances and restrictions with regard to the ownership of the property.
When two or more individuals are on title of a property wherein their ownership does not pass to the others in the event of death.
When you buy a new home from a builder, the builder provides possession of the home with warranty coverage guaranteed by Tarion. Section 13(1) of
When you are buying a new home or a new condominium unit from a builder, you are given an opportunity to view your completed home
When you are purchasing a new condo from the builder in Ontario, you have to follow the two- stage closing procedure. What is two-stage closing?
The Continuing Power of Attorney for Property will end under the following circumstances: When you die; When your attorney or attorneys die, becomes incapable, or
The Power of Attorney for Personal Care will end under the following circumstances: When you die; When your attorney or attorneys die, becomes incapable, or
If you are living in Ontario and have properties in your home country or any other country that you want to sell or you want
Do you know that if you die without making a will (intestate), the laws of the province will determine the distribution of your assets? This
If you own a property alone and has been using that property as a family residence/matrimonial home (as defined within the meaning of Family Law
Title Insurance is an insurance policy that protects the owners of the residential and commercial property owners and lenders against the losses related to the
In January 2015, Citizenship and Immigration Canada (CIC) will start a new electronic system called Express Entry to manage applications for permanent residence under certain
In June 2014, new Citizenship Act came into effect. There are many changes to this new law. The most important change is the time period
Citizenship and Immigration Canada (CIC) effective October 25th 2012 has amended the Immigration and Refugee Protection Regulations (the Regulations) with regard to sponsored spouses, common-law or conjugal partners. According to the
If you are buying a newly constructed home, as per current real estate laws, you will be eligible for a HST rebate. As of July
When there is a breakdown of marriage, you and your spouse separate and /or divorce, the value of all the property accumulated during the marriage
When you purchase a real property with spouse or another person, you have to register your title as joint tenant or tenants in common. There
Joint Custody and Shared Custody are both custody arrangement with shared parenting and considered synonyms. In a joint custody, both parents have custody and are
Recognition of Foreign Divorce Decrees Many times I am asked to provide opinion upon the foreign divorce in Ontario, so that the person requesting it
What is Family Mediation? Family Mediation is an effective way to resolve and settle family conflict. Unlike, the court litigations, family meditation allows parties to
Procedure for Obtaining an Uncontested Divorce in Ontario An application for a divorce can be brought in three ways: A Simple Application: This application deals
Whether you are the first time real estate buyer or refinancing an existing mortgage, one of the issues that always bothers most Canadians is the
CONSENT LETTER FOR THE CHILDREN TRAVELLING ABROAD Are you sending your minor child or children abroad alone or without one parent abroad? If yes, there
Title Insurance is a insurance policy that protects the owners of the residential and commercial property owners and lenders against the losses related to the
Important Steps for Buying a Home (Resale home or condominium) in Ontario: Agreement of Purchase and Sale is signed by the buyer and the seller.
Agreement of Purchase and Sale “Real Estate Closing Date” This article will explain what you can expect during the closing process from the moment your
Important Steps for Buying a Home (Resale home or condominium) in Ontario: Agreement of Purchase and Sale is signed by the buyer and the seller.
In my previous newsletter I have tried to educate you on different issues concerning Real estate sale and purchase. Sometimes you are selling property and
Why is home inspection necessary? Home inspection is an essential clause in the Agreement of Purchase and Sale that permits the buyer to hire a
What is Home Insurance and Why you need it? Your home is one of the most important asset that is vulnerable to to natural disaster,
WHAT YOU SHOULD KNOW ON MORTGAGES TO MAKE A WISE DECISION From the desk of Real Estate Lawyer I have been thinking for quite some
In a real estate sale and purchase, there are some voluntary disclosures obligated on the part of sellers. These disclosures must not be taken casually
Criminal Background Name Check-RCMP Criminal background name check might be need for following purposes Adoption Canadian Citizenship Employment Landed Immigrant Status Name Change Visa/ Border
What is Status certificate? Status certificate is a brief report provided by the Condominium Corporation that gives information on the current status of the Condominium
The Agreement of Purchase and Sale states that that balance of the purchase price on closing date will be paid in cash or certified cheque
When it comes to real estate purchase or sale, residential or commercial, sometimes it happens that some steps are taken unwittingly without appreciating the ramifications