Battersea Real Estate Lawyer, Ontario

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Jonathan Kleiman
About | Practice Areas
Law Offices of Jonathan Kleiman
1235 Bay Street Suite 700 Toronto, ON M5R3K4» view map
Business Law
Toronto Business Lawyer

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855-416-0416
1. Jonathan Kleiman Toronto, ON
  Attorney at Law, ON
  Queen's University, J.D. 2009
2. AboutLaw Offices of Jonathan Kleiman
  Toronto Business Lawyer
3. Practice AreasExpertise
  Business Law
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LEGAL TERMS

ESTATE

Generally, all the property you own when you die.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

UNIFORM TRANSFERS TO MINORS ACT

A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is o... (more...)

A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is old enough to receive it. See custodian.

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

NUISANCE

Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, every... (more...)

Something that interferes with the use of property by being irritating, offensive, obstructive or dangerous. Nuisances include a wide range of conditions, everything from a chemical plant's noxious odors to a neighbor's dog barking. The former would be a 'public nuisance,' one affecting many people, while the other would be a 'private nuisance,' limited to making your life difficult, unless the dog was bothering others. Lawsuits may be brought to abate (remove or reduce) a nuisance. See quiet enjoyment, attractive nuisance.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

Battersea Real Estate Lawyer, Ontario

Sponsored Law Firm

Law Offices of Jonathan Kleiman

SPONSORED LAWYERS

Edward Vincent Boyd Bergeron

Morgan Hicks

Eve Anne Theriault

Harry Charles John Clarke

Matthew Evelyn Wright

Colin Evelyn Wright

Frank Edward Van Dyke

Paul Daniel Richard Fleming

Paul Richard Blais

Robert Paul Tchegus

TIPS

LEGAL TERMS

ESTATE

PRIVATE MORTGAGE INSURANCE (PMI)

MORTGAGE

DIRECTOR

APPRECIATION

UNIFORM TRANSFERS TO MINORS ACT

RENT CONTROL

NUISANCE

SERVIENT TENEMENT

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