The more you know, the better your decisions and the more satisfied you will be with our services. With this in mind, we put numerous tools and resources at your fingertips.
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Feb
11,
2020
Private Lending: Do not Rely on Someone Else’s Appraisal!
Often private lenders will receive a brief term sheet with an email introduction from a mortgage broker or agent trying to place a mortgage deal. Included...
Feb
10,
2020
Levy Zavet Lawyers – Are restrictive covenants always totally and completely enforceable?
For most buyers purchasing real estate, it is common practice to check municipal by-laws to determine whether their intended use for a property will be permissible. What they may...
Jan
9,
2020
Levy Zavet Lawyers: A Real Estate Lawyer’s Top Tips for First-Time Homebuyers in 2020
As 2019 came to a close, many Canadians are setting their sights on 2020 and making plans for the next decade. If one of your New...
Oct
25,
2019
Do Private Lenders need a brokerage license to lend in Ontario?
The Mortgage Brokerages, Lenders and Administrators Act, 2006, requires that a mortgage lender hold a brokerage license in Ontario. And that a person or...
Oct
10,
2019
Why Would One Need a Real Estate Lawyer?
For most Canadians, the purchase of a home is the largest single investment that they will ever make. Not only is the purchase of a home a large...
Sep
18,
2019
What Happens if You Die Without a Will in Ontario?
Confirmation of Registration Report They say nothing is certain in life but death and taxes. We pay taxes on a daily basis but often try to avoid the thought...
Mar
30,
2018
Changes to the Mortgage Syndication Rules
As of July 1, 2018, the Financial Services Commission of Ontario (FSCO) will begin enforcing the changes to the O. Regulation 188/08 Mortgage Brokerages Standards of Practice under...
Sep
20,
2017
A MIC’s Specified Shareholder, Related Parties and Prohibited RRSP Investment Rules
The Question being asked is a brother or sister of a shareholder of a mortgage investment corporation (MIC) a specified shareholder (To qualify as a MIC...
Jul
25,
2017
MIC Foreign Investors & Withholding Taxes on Dividends
The Quick and Simple is that Yes, withholding taxes (usually 25% of gross amount unless subject to a tax treaty with the resident country of the...
Jul
24,
2017
Islamic Financing and Riba Free Mortgages
Over the last few years, and especially since the financial crisis of 2008, the concept of Islamic financing or banking has been gaining momentum as an...