Kearns Construction 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

Let the Law Offices of Jonathan Kleiman handle all your Business legal needs today!

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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Includes: Construction Contracts, Construction Liens, Housing & Construction Defects

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800-923-0641

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LEGAL TERMS

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

ELEMENTS (OF A CASE)

The component parts of a legal claim or cause of action. To win a lawsuit, a plaintiff must prove every element of a legal claim. For example, here are the elem... (more...)

The component parts of a legal claim or cause of action. To win a lawsuit, a plaintiff must prove every element of a legal claim. For example, here are the elements of a breach of contract claim: There was a valid contract. The plaintiff performed as specified by the contract. The defendant failed to perform as specified by the contract. The plaintiff suffered an economic loss as a result of the defendant's breach of contract.

YELLOW-DOG CONTRACT

An employment contract in which the employer forbids the employee to join a labor union. Yellow-dog contracts are not legally enforceable.

NONDISCLOSURE AGREEMENT

A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)

A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.

TENANT

Anyone, including a corporation, who rents real property, with or without a house or structure, from the owner (called the landlord). The tenant may also be cal... (more...)

Anyone, including a corporation, who rents real property, with or without a house or structure, from the owner (called the landlord). The tenant may also be called the 'lessee.'

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.

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.

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

Kearns Construction Lawyer, Ontario

Sponsored Law Firm

Law Offices of Jonathan Kleiman

SPONSORED LAWYERS

Robert Allan Dinnen

Raymond Arthur Warman

Gavin Shorrock

Julie Sara Richard-Gorman

Emilie Jane Chamaillard

Donald Burton Evans

Murray Nickolas Ellies

TIPS

LEGAL TERMS

TENANCY IN COMMON

ELEMENTS (OF A CASE)

YELLOW-DOG CONTRACT

NONDISCLOSURE AGREEMENT

TENANT

BASIS

ASSIGNMENT

PRIVATE MORTGAGE INSURANCE (PMI)

QUITCLAIM DEED

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