In the world of buying homes and owning property, you might hear about things like ‘mortgage refinance‘ and ‘mortgage renewal.’ But what do these terms really mean? Mortgage refinance can occur at anytime during the tenure, on the other hand mortgage renewal happen at the end of your existing mortgage term. Mortgage Refinancing Refinancing involves replacing an existing mortgage with a new one from the same or a different bank, typically to take advantage of better terms, interest rates, or to access equity in the property. Some of the reasons why would need a refinancing are as below: Low ..read more

It’s essential to recognize that divorce doesn’t always have to be a court battle. Collaborative law, a progressive approach to divorce resolution, offers couples an alternative path — one that emphasizes cooperation, communication, and mutual agreement. Collaborative law is a dispute resolution process that brings together both spouses and their respective Lawyers in a team-oriented approach. The primary goal is to reach a mutually satisfactory agreement without moving to traditional litigation. Unlike the aggressive nature of Courtroom Battles, Collaborative Law promotes open communication ..read more

Collaborative Family Law is more than just a legal process. Unlike traditional litigation, which can often exacerbate conflicts, collaborative family law seeks to find common ground, fostering a cooperative environment where all parties involved work together to reach amicable solutions. Collaborative Family Law is a progressive and holistic approach to dispute resolution. In this blog post, we’ll delve into the essence of collaborative family law, exploring its benefits, and the positive impact it can have on families navigating challenging times. Key principles of Collaborative Law is Ope ..read more

When purchasing a property from a builder in Ontario, it’s essential to understand and carefully review the builder agreement. This legal document outlines the terms and conditions of your purchase, including important details about the property, pricing, warranties, and other important aspects. In this blog, we’ll provide a guide on how to read and understand a builder agreement in Ontario. Take the time to read the builder agreement thoroughly and understand each section. Pay close attention to clauses related to the property description, purchase price, deposit amounts, payment sche ..read more

Going through a divorce is never easy, and it’s important to approach the process with a clear head and a focus on achieving the best possible outcome. While it’s understandable to feel overwhelmed and emotional during this time, it’s essential to avoid certain behaviors that can make the process more difficult and contentious. Here are some things to keep in mind when going through a divorce: Avoid making rash decisions: It’s common to feel a sense of urgency when going through a divorce, but it’s important to resist the urge to make impulsive decisions. Divorce can have long-lasting conse ..read more

Canada has announced amendments to the regulations that accompany the Prohibition on the Purchase of Residential Property by Non-Canadians Act. These changes are aimed at providing more flexibility for newcomers and businesses looking to add to Canada’s housing supply, while addressing the issue of housing supply in the country. Effective March 27, 2023, these amendments will expand exceptions to the prohibition, allowing non-Canadians to purchase residential property in certain circumstances. The changes announced by the Minister of Housing and Diversity and Inclusion are as follows: Wo ..read more

Child custody disputes can be some of the most challenging and emotional aspects of a separation or divorce. In Ontario, both parents have legal rights and responsibilities for their children, even if they are separated or divorced. When a couple decides to end their relationship, it can be a difficult time for everyone involved, especially for children. Children often experience emotional trauma during a separation or divorce, and the custody of the children can be a major source of conflict between parents. In Ontario, the law recognizes the importance of maintaining a meaningful relation ..read more

Real estate fraud can be a heartbreaking experience for anyone. It may cause considerable financial losses and potentially have an effect on your credit rating. Regrettably, Ontario sees a lot of real estate fraud. There are various precautions you may take to safeguard yourself from real estate scam. Perform your Due Diligence: Do due diligence on the property and the seller before engaging in any real estate deal. Verify the ownership and title history of the property to make sure the seller is authorized to sell the property. Hire a trustworthy real estate agent: A skilled realtor can a ..read more

The government of Ontario has implemented a Vacant Home Tax in an effort to address the issue of housing affordability. This tax is intended to encourage property owners to either occupy or rent out their properties. In this blog, we’ll look at the Vacant Home Tax, its implications, and how it affects Ontario property owners. What exactly is the Vacant Home Tax? The Vacant Home Tax is a tax levied on unoccupied residential properties for a set period of time. The tax is levied on “vacant” properties, such as those that are not used for residential purposes for more than three months in a ca ..read more

Particularly for those with low financial resources, going through a divorce may be a challenging and expensive procedure. However, low-income couples can obtain the legal representation they need to proceed with confidence by working with legal aid divorce lawyers. A few examples of the benefits of working with a Dhiman Law are as follows: Access to justice: Divorce attorneys with Legal Aid offer low-cost legal representation to people who cannot afford it. For further information, get in touch with our law firm. Knowledge of family law: We have a thorough awareness of the rules and laws ..read more