Considering business incorporation: when is the right time?
Are you considering taking your business to the next level? Incorporation may be the key to unlocking a world of legal and financial advantages. Incorporating, in a business context, refers to the process of legally establishing a company or business entity as a separate and distinct legal entity from its owners or shareholders. When a […]
Encroachments in real estate
In this article, we intend to provide readers with an understanding of the dynamics of encroachments on real estate property and how they may affect your property. Furthermore, this article will provide information regarding different measures that you can take to resolve this problem. In real estate, encroachment occurs when another property owner (usually a […]
Mortgage Fraud in Ontario
Since COVID-19, fraud has skyrocketed in Canada. One story reported by CBC in 2023 showcased how deception can be used in mortgage transactions. The following case summary will involve Yan Ting “Tina” and Po Yuk Chan “Peggy.”[1] Peggy and Tina met at a Thanksgiving dinner shortly before the outbreak of the 2019 pandemic. Tina had […]
Private lending – what is it and how can it benefit you?
As the title indicates, this article aims to inform readers about what private lenders are, the risks and benefits associated with using a private lender versus a financial institution, and factors that one should consider before deciding to use a private lender. Private lenders are individuals or organizations that provide loans to individuals and businesses […]
Mortgage enforcement in Ontario
This article aims to provide an overview of mortgage enforcement in Ontario and how it works. Mortgages are contracts between a property owner and a lender (usually an institutional lender). A mortgage is registered against the owner’s property to secure the loan. If the property owner has failed to make payments following the contract terms, […]
What is a matrimonial home and why does it matter?
The following article will explain what a matrimonial home is and the options available to separating spouses. Please note that this article is intended as a brief overview; when seeking personalized advice, it is best to consult a legal representative. Generally referred to as the family home, the matrimonial home represents the residence where married […]
The role of shareholders, officers and directors in Ontario corporations
In the intricate world of Ontario corporations, the roles and responsibilities of key players are essential for efficient operations, responsible governance, and the protection of shareholders’ interests. Three significant pillars in this structure are shareholders, officers, and directors. In this blog post, we’ll explore the distinct roles and responsibilities each group holds within the framework […]