Blogs
Maintaining your Corporate Minute Book – A Legal Perspective
A corporate minute book stands as an essential repository for a corporation’s official records. In Ontario, maintaining an accurate and current minute book is not only considered good practice, but is legally mandated.
Key Components of an Agreement of Purchase and Sale for Real Property
Buying a home in Ontario involves several important considerations. When potential buyers or sellers opt to proceed with a real estate deal, they are required to sign a contract – the Agreement of Purchase and Sale (the “APS”). It’s crucial for all parties involved to grasp the contents of the APS, including its terms and the ramifications of failing to fulfill their obligations.
A Seller’s Obligation to Disclose “Extrinsic” Latent Defects in Real Estate Transactions
Court Rescinds Agreement of Purchase and Sale for NBA Star Shai Gilgeous-Alexander’s Purchase of Burlington Mansion Because of Seller’s Fraudulent Misrepresentations and Failure to Disclose Latent Defects
The Importance of Purchasing Title Insurance
In the whirlwind of excitement that surrounds purchasing a new home, many buyers fail to grasp the significance of title insurance. Frequently, it’s a cost omitted from their initial financial considerations, catching them off guard when it comes time to settle.
The Legal Grounds for Challenging a Will in Ontario
In the wake of a loved one’s passing, the unveiling of their testamentary wishes can lead to turmoil between surviving family members.
Breaking the Deal: Consequences of a Failed Real Estate Transaction
Court awards damages to Vendor for Purchaser’s Failure to Complete Real Estate Transaction.
In today’s volatile real estate market, we often hear stories of purchasers not being able to complete an Agreement of Purchase and Sale (“Agreement”) they have entered into.