Mountain Real Estate Lawyer, Ontario, page 9

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Jonathan Kleiman
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Law Offices of Jonathan Kleiman
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Toronto Business Lawyer

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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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Patrick Stephane Bond

Employment Discrimination, Civil Rights, Construction, Labor Law, Litigation

Status: In Good Standing

CONTACT

265 Carling Ave, Ottawa, ON K1S 2E1

Michael Vincent Ross

Real Estate, Family Law, Trusts, Commercial Real Estate, Criminal

Status: In Good Standing

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91 Cornelia St W, Smiths Falls, ON K7A 5L3

Mark Paul Mac Donald

Criminal, Residential Real Estate

Status: In Good Standing

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94 Beckwith St, Smiths Falls, ON K7A 2C1

Cameron Robert Croxall

Estate Planning, Alcoholic Beverages, Contract, Landlord-Tenant

Status: In Good Standing

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94 Beckwith St N, Smiths Falls, ON K7A 2C1

Marie-Michele Pellerin-Auprix

Education, Real Estate, Traffic, Lawsuit & Dispute

Status: In Good Standing

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707 Bank St, Ottawa, ON K1S 3V1

Norman Walter Carroll

Construction, Mediation

Status: In Good Standing

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P.O. Box 24210, Kanata, ON K2M 2C3

Catherine Yvonne Lee

Wills & Probate, Trusts, Wills, Commercial Real Estate

Status: In Good Standing

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15A Main St W, Smiths Falls, ON K7A 1M4

David Gregory Meeds

Municipal, Estate Planning, Land Use & Zoning, Commercial Real Estate

Status: In Good Standing

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85 Plymouth St, Ottawa, ON K1S 3E2

Patrick Robert Simon

Immigration, Administrative Law, Construction, Civil Rights

Status: In Good Standing

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85 Plymouth street, Ottawa, ON K1S 3E2

Marie Lynn Lemesurier

Wills & Probate, Commercial Real Estate, Trusts, Wills

Status: In Good Standing

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85 Plymouth St, Ottawa, ON K1S 3E2

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LEGAL TERMS

ASSIGNMENT

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

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

ASSIGNEE

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the leas... (more...)

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires. The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent. However, the original tenant remains legally responsible if the assignee fails to pay the rent.

EXPRESS WARRANTY

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most expres... (more...)

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most express warranties come directly from the manufacturer or are included in the sales contract. If you want to hold the seller to an oral guarantee, it's best to get it in writing or have witnesses to the guarantee so that it doesn't come down to your word against the seller's if a problem arises.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

Mountain Real Estate Lawyer, Ontario, page 9

Sponsored Law Firm

Law Offices of Jonathan Kleiman

SPONSORED LAWYERS

Patrick Stephane Bond

Michael Vincent Ross

Mark Paul Mac Donald

Cameron Robert Croxall

Marie-Michele Pellerin-Auprix

Norman Walter Carroll

Catherine Yvonne Lee

David Gregory Meeds

Patrick Robert Simon

Marie Lynn Lemesurier

TIPS

LEGAL TERMS

ASSIGNMENT

SHORT SALE (OF HOUSE)

SPECIFIC PERFORMANCE

SHARED EQUITY MORTGAGE

DEBENTURE

ASSIGNEE

EXPRESS WARRANTY

CONTINGENCY

RESTRAINT ON ALIENATION

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