Nipissing Landlord-Tenant Lawyer, Ontario, page 6

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Colin Daniel Mcmorrow

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360 Plouffe St, North Bay, ON P1B 9L5

Milena Soczka

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360 Plouffe Street, North Bay, ON P1B 9L5

Frank Michael Falconi

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396 Murray St, North Bay, ON P1B 4G3

Dennis William Fenton

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426 Algonquin Avenue, North Bay, ON P1B 4W5

Alyson Nicole Brady

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1500 Fisher St, North Bay, ON P1B 2H3

Andrew David Lawson

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1781A Cassells St, North Bay, ON P1B 4C6

Danny William Ferguson

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1781A Cassells St, North Bay, ON P1B 4C6

Stuart Donald Bailey

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107 Shirreff Ave, North Bay, ON P1B 7K8

Norma Jean Mackenzie

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107 Shirreff Ave, North Bay, ON P1B 7K8

Leigh D. Van Gorder

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269 Main Street West, North Bay, ON P1B 2T8

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LEGAL TERMS

ILLUSORY PROMISE

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For ex... (more...)

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For example, if you get a new job and promise to work for three years, unless you resign sooner, you haven't made a valid contract and can resign or be fired at any time.

INURE

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across t... (more...)

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across the neighbor's property to get to the water. That right of way is said, cryptically, 'to inure to the benefit of Jim.'

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

HOMESTEAD DECLARATION

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that ... (more...)

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that is, you are not required to record a homestead declaration in order to claim the homestead exemption. A few states do require such a recording, however.

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.

HOLD HARMLESS

In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the fir... (more...)

In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the first party. For example, many leases include a hold harmless clause in which the tenant agrees not to sue the landlord if the tenant is injured due to the landlord's failure to maintain the premises. In most states, these clauses are illegal in residential tenancies, but may be upheld in commercial settings.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

PROPERTY

See personal property, real estate, community property, separate property.

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

Nipissing Landlord-Tenant Lawyer, Ontario, page 6

Sponsored Law Firm

Law Offices of Jonathan Kleiman

SPONSORED LAWYERS

Colin Daniel Mcmorrow

Milena Soczka

Frank Michael Falconi

Dennis William Fenton

Alyson Nicole Brady

Andrew David Lawson

Danny William Ferguson

Stuart Donald Bailey

Norma Jean Mackenzie

Leigh D. Van Gorder

TIPS

LEGAL TERMS

ILLUSORY PROMISE

INURE

HOUSE CLOSING

HOMESTEAD DECLARATION

SERVIENT TENEMENT

HOLD HARMLESS

SEVERANCE PAY

PROPERTY

DOWN PAYMENT

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