Protection Under Tenancy Agreements – 5 Steps For Tenants

When signing a rental contract, be careful to take the following simple steps to ensure that you are covered both financially and personally.
1. Take out your own insurance
It is not safe to assume that the landlord’s house insurance will cover theft of any of your personal possessions. More often than not the landlord’s insurance policy [...] Read more »

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Why You Need a Residential Conveyancing Solicitor?

You’ll want to make sure that you get the legal help and advice you need from an experienced residential conveyancing solicitor if you’re looking to buy or sell property.
Here’s why you need a residential conveyancing solicitor, when you’re buying or selling property, and more about the services they provide.
It’s important that you instruct the right [...] Read more »

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What Are the Essential Elements of a Lease?

Why do I need a lease?
If you are a tenant in your house or a commercial tenant in a property which you rent as part of a business, it is essential to have a lease because it protects your basic rights as a tenant and prevents you from been exploited by an unscrupulous landlord. A [...] Read more »

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Loan Modification Laws Clearly Explained – HR, 1728 – The Mortgage Reform

Vital Information: The House of Representatives Passes Wall Street Reform Act HR 4173 and Incorporating Mortgage Reform Provisions of HR 1728 Regulating Owner Financing was passed on December 11, 2009.
On May 7, 2009, at this time, this bill was discussed and passed in the House. After this bill was passed in the House of Representatives, [...] Read more »

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Competition Bureau Vs CREA – How Does it Affect Realtors?

We all know it’s happening: the Canadian Competition Bureau has launched proceedings against CREA (Canadian Real Estate Association). The question no one has answered yet is: how does it affect Realtors?
Time Line

October 24, 2008 – the Canadian Competition Bureau releases its draft Information Bulletin on Trade Associations for public comment.

January 9, 2009 – CREA submits [...] Read more »

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Get the Proper Permits Before Beginning Your Home Renovation

Improving your home and giving it a boost can be the best way to make it look even better than before. Aside from do-it-yourself projects, you can also consider some renovations in its structure. Whether you want to add an extra room or maximize your lot, you will need to undergo some home renovations.
However, you [...] Read more »

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The American Dream Turns Into a Nightmare

Homeowners who have recently discovered that they have tainted Chinese drywall are uncertain as to whether they are legally obligated to pay their mortgage. Legally, the borrower is obligated to pay their mortgage unless an abatement or forbearance is negotiated and granted by the bank. The following issues should be addressed when negotiating with the [...] Read more »

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Legal Aspects

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A major pitfall for Commercial Real Estate Agents and Brokers when they first begin to list the property is that they inadvertently find themselves delving into aspects of law without the necessary deep experience. Some lease proposals and leases are easier to create and process than others. Read more »

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Divorce and Real Estate

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One of the biggest issues that comes up during any divorce proceedings is the division of property. Every item you own has to be divided up between you and your spouse. If you’re like many couples, the most valuable property you own is in the form of real estate – [...] Read more »

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Getting to the Bottom Line – Guidelines For Achieving Success at Mediation

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Getting to the bottom line at mediation many times depends on the level of preparedness of all sides. The process is hindered in cases where no settlement discussions have occurred prior to the mediation. Read more »

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