A special assessment for a condo owner in Ontario is a one-time extra charge imposed by the condominium corporation to cover unexpected or extraordinary expenses that go beyond what the regular monthly condo fees can cover. This typically happens when the condominiumโs reserve fund is insufficient to pay for major repairs, maintenance, or improvements that are necessary for the common … Read More
Should you get a Will? – The Key Differences between having one and not having one
In Ontario, the key differences between dying with a will (testate) and dying without a will (intestate) are related to how your estate is distributed, the process of handling your affairs, and who is in charge of managing your estate. Hereโs a breakdown of the differences: 1. Distribution of Assets โข With a Will (Testate): o You get to decide … Read More
What does your real estate lawyer do for you?
Many people fail to realize the importance of a lawyer working for them in a real estate transaction. The video below provides a great summary on the benefits of having a legal professional working for you.
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