Erikson Law Firm
18 Deakin St., Unit 105 K2E 8B7 Ottawa, ON, Canada

Merry Christmas and Happy New Year friends! This time of year is full of joy, light, and traditions. We usually get together to eat too much food, share laughs and stories, watch cheesy holiday movies, give each other gifts, and most importantly, spend quality time together. This year, as we continue to deal with the impacts of the global COVID-19 pandemic, holiday traditions will be a little bit different.... We hope everyone is able to relax a bit with some down time and we look forward to working together again with all of you in 2021! Stay healthy! Erikson Law Firm: Direct: 613-692-5885 Email: [email protected]

Merry Christmas, friends! May this upcoming year 2021 give you the opportunity to follow your dreams, love like there is no tomorrow and smile unconditionally. Looking forward to working with all of you in 2021! :) Val 613-692-5885

Thank you for your kind words, Oleg! We appreciate your business and the confidence you have placed in us. Congratulations on your new home If you are looking for a lawyer who can effectively handle your case, contact Erikson Law Firm today at 613-692-5885 or by email [email protected] and we'll answer all questions related to your case. www.eriksonlaw.ca

Thank you sir for your kind words! We appreciate the confidence you have placed in us and were happy to assist you. If you are looking for a lawyer who can effectively handle your case and close your deal, contact Erikson Law Firm today at 613-692-5885 or by email [email protected] and we'll answer all questions related to your case. www.eriksonlaw.ca #ottawacloser #lawyer #realestatatelawyer #taxlawyer

Canada's housing market shattered records in 2020 despite the economic uncertainty surrounding the COVID-19 pandemic. 2020 marked the highest monthly sales figure on record for Erikson Law Firm and we expect similar trend to continue in 2021. We keep moving economy forward and help our clients purchase and sell their homes as well as refinance their mortgages, says Val Erikson, the owner and leading lawyer of Erikson Law Firm. ... If you are looking for a real estate lawyer who will get it done, call Val at Erikson Law Firm: 613-692-5885 E-mail: [email protected] www.eriksonlaw.ca

Thank you Princewill for your review. We are so happy to hear that you had a positive experience with us. If you are looking for a lawyer who promptly answers all your emails and phone calls, give Erikson Law Firm a call today at 613-692-5885 or contact us by email [email protected]. We look forward working with you.

Happy Thanksgiving, friends. We would like to take this opportunity to say 'Thank You' to our loyal clients. We appreciate your business and the confidence you have placed in us!

To all our Jewish friends and clients - Shana Tova! Healthy, Happy and Sweet year ;)

TEXT YOUR LAWYER 613-692-5885 Did you know that Erikson Law Firm accepts texts from its clients and friends? We have closed many deals using WhatsApp, Viber and texting Try us out, your lawyer is only one text away;) 613-692-5885... Our practice philosophy is based on clear communication and prompt service. We provide sound solutions to our clients’ legal problems in a personalized, responsive, and cost-effective manner. Let’s TEXT;) Questions? 613-692-5885 E-mail: [email protected]

Celebrate a job well done as you enjoy the company of family and friends on this Labor Day! :)

Thank you for an awesome review, Lena! We appreciate the confidence you have placed in us. Many congratulations on your new home :) If you are looking for a lawyer who can effectively handle your case, contact Erikson Law Firm today at 613-692-5885 or by email [email protected] and we'll answer all questions related to your case. www.eriksonlaw.ca

At Erikson Law Firm, WE GET IT DONE! Our practice philosophy is based on clear communication and prompt service. We provide sound solutions to our clients’ legal problems in a personalized, responsive, and cost-effective manner. Contact Erikson Law Firm if you are looking for a fast closing & we will get it done.... Direct:613-692-5885 E-mail: [email protected]

My boyfriend's due to move into my home in a few months. I bought this house in 2019 and it’s always been in my name. Just wondering how I go about protecting myself, in case we break up. I don't want to be left having to give him half of everything I built up? If you are considering moving in with your partner, it is important that you get advice relevant to your situation from a lawyer. Contact Erikson Law Firm today for friendly legal advice explained in a way that is ea...sy to understand and relevant to your circumstances. Direct: 613-692-5885 To provide you with even more security, Val can draw up a Cohabitation Agreement. This would provide you with additional protection as your partner would be voluntarily entering into a document which would confirm that it is not intended for them to have a share of the property or if they are to have a share how that share would be calculated. Protect your money and assets! [email protected]

Erikson Law Firm - Moving Forward Together Our practice philosophy is based on clear communication and prompt service. We provide sound solutions to our clients’ legal problems in a personalized, responsive, and cost-effective manner. Looking for a real estate or tax lawyer in Ottawa? What are you waiting for? Direct: 613-692-5885... P.S. Ask us about our special rates! www.eriksonlaw.ca [email protected]

What is a Construction Mortgage? A construction mortgage is exactly as it sounds. It is lender construction financing that is secured against property with a mortgage for the purpose of construction. Like any mortgage, a construction mortgage is secured against the property by registering the construction mortgage at the land registry office. Construction Mortgage & Financing Law Firm In Ottawa, ON- Erikson Law Firm!... Whether it is a new construction mortgage when you buy a piece of property or the refinancing for a construction mortgage of your existing property, the construction mortgage lawyers at Erikson Law Firm in Ottawa, Ontario can help. There types of mortgages are a little different than regular mortgages. It is important to have a law firm that understands construction mortgages and construction financing so that your project runs on time. Call Erikson Law Firm today: 613-692-5885 and we’ll be able to help! E-mail: [email protected]

Thank you Ecaterina for your kind words! We appreciate the confidence you have placed in us and are very happy we made it work for you:) If you are looking for a lawyer who can effectively handle your case and close your deal, contact Erikson Law Firm today at 613-692-5885 or by email [email protected] and we'll answer all questions related to your case. www.eriksonlaw.ca #ottawacloser #lawyer #realestatatelawyer #taxlawyer

Can I refinance my 1st and 2nd mortgage together? The answer as usual is that it depends. Typically, it will depend on the following things: How much equity you have in the home (most important).... How much your second mortgage is, relative to the first. How long it has been since you secured your second mortgage. How high your credit score is, at the time you apply. Please talk to your mortgage broker who will be able to assist with this and we’ll prepare all required legal paperwork. We’ll pay out 1st and 2nd mortgages, all your debts (if required) and deposit mortgage proceeds into your bank account on the day of closing $$$! Direct: 613-692-5885 E-mail: [email protected]

Planning on building a new home, or a major renovation and need a private construction mortgage? Talk to your mortgage broker and retain services of Erikson Law Firm. We specialize in complex real estate transactions and can prepare legal documents for a private construction mortgage fast so that your deal closes on time and you don’t lose money! Understanding that time is money, we have closed multi-million construction mortgage transactions in just few days. Once you reta...in services of Erikson Law Firm, your interests will be our top priority. Do not nickel and dime! When it comes to your business, it is personal for us! Direct: 613-692-5885 E-mail: [email protected]

Are you a private mortgage lender? Many private mortgage lenders retain services of Erikson Law Firm because of our aggressive representation and our ability to collect. A common question that comes up is: Well, what if the borrower stops paying? This is quite rare. Single-family homeowners do not want to lose their homes to private lenders. From our experience, single-family homeowners will often list their home for sale before Erikson Law Firm helps private lenders take p...ossession. Unlike being a landlord where a tenant has most of the power, as a lender, you are in control. Usually, as lender’s lawyer, we will first send a demand letter to a delinquent borrower demanding payment. If a borrower is willing to work with Erikson Law Firm, often by paying an interest penalty and/or some fees, he/she will get back on track with payments. If a borrower simply refuses to make payment, Erikson Law Firm can exercise the power of sale (that is, the lender’s right to sell a property when its mortgage is in bad standing) A power of sale notice can be issued after 15 days of a loan being in default. From there, a lender must wait 35 days before the property can be sold. Once the property is sold, lenders are able to reclaim the mortgage (their original investment), interest penalties and any resulting fees, including legal fees. The borrower is then left with whatever remains from the proceeds of the sale. Call 613-692-5885 to retain services of Erikson Law Firm. We will aggressively represent your interest and collect what is owed to you $$$ ! Questions? [email protected]

Income Properties in Ottawa: Are you Ready? Owning a rental property in Ottawa may seem like a license to print money. Interest rates are low, the Ottawa Real estate market is stable what could be easier? Buy a property, lease it, collect cheques and plan your retirement. Butbefore purchasing an income property, you should be aware of the benefits and drawbacks. Talk to your real estate lawyer in Ottawa- Erikson Law Firm- before signingWe’ll be happy to help! Direct: 613...-692-5885 E-mail: [email protected]

BABY BOSS helping us get ready for Monday's meetings :) Have a great week everyone! If you are buying/selling a house or refinancing and are looking for a lawyer, contact Erikson Law Firm today at 613-692-5885 or by email [email protected].

Residents of eastern Ontario, including the City of Ottawa, will be required to wear non-medical masks in indoor public places to prevent the spread of COVID-19 starting at 12:01 a.m. Tuesday, according to the medical officers of the four local public health units. Erikson Law Firm is well-equipped and has closed many transactions during Covid-19. We are technologically advanced. Fast and efficient. We close all transactions on time and get referrals from many industry partne...rs, including other lawyers and law firms. If you are stuck and need our help, just call Val directly: 613-692-5885 If you are a broker or an agent, send us an email and we’ll be able to help right away: [email protected]

***DON’T LET CREDIT COMPANIES AND BANKS TAKE A BITE OUT OF YOUR WALLET! CALL ERIKSON LAW FIRM: 613-692-5885*** Have you maxed out your credit cards during Covid-19? Tired of paying 20% to big banks? There is a smart solution to your problem: refinance your mortgage to pay credit card debt. With credit card interest rates often pushing the 20% range, low mortgage rates make refinancing an attractive alternative. Talk to your mortgage broker and call Erikson Law Firm at 613-692...-5885. We’ll tell you how paying off high-interest debts can have its benefits. Your credit score will jump up as the credit bureau considers payment in full a good sign that you are handling your credit well. Send us an e-mail: [email protected] and you will not regret.

Happy Canada Day!!! Today, get together with people closest to you and share the warmth for our great country. Le succès du Canada est dû à sa population. Des gens qui ont à cœur nos valeurs communes que sont la paix, l’égalité et la compassion et qui savent que notre force repose sur notre diversité. Bonne fête du Canada à tous! :)

Thank you Dominic for your kind words! We appreciate your business and the confidence you have placed in us. Congratulations on your new home :) If you are looking for a real estate lawyer in Ottawa and all over Ontario, give us a call: 613-692-5885 or email at [email protected]. We’ll be happy to help!... www.eriksonlaw.ca See more

Harmonized sales tax ("HST") of 13% is imposed upon every taxable supply (i.e., sale) of property or services in Ontario, including commercial real estate. For commercial real estate, an exception applies where a party making a taxable supply of commercial real property is not required to collect HST as long as the purchaser is an HST registrant. The registrant purchaser is responsible for assessing and directly remitting the HST on the acquisition to the Canada Revenue Agenc...y. The purchaser then typically claims input tax credits ("ITCs") to offset the HST payable and will not be required to remit amounts for HST. Standard practice in the sale of commercial real property is for a vendor to obtain a certificate from the purchaser confirming that it is acquiring the property on its own behalf. The purchaser will also provide warranties with respect to registrant status, self-assessment, tax remittance, and applicable indemnities. If you are purchasing commercial real estate, don’t fool around with the CRA! Contact professional real estate and tax lawyer in Ottawa- Erikson Law Firm: 613-692-5885 E-mail: [email protected]