Gatien & Huza Law Office
40 Second Street West K6J 1G2 Cornwall, ON, Canada

For real estate agents operating in these challenging times, here are 5 pieces of important insight to help you get through these not business as usual times https://www.lawcornwall.com/covid-19-things-you-need-to-kn/. 1. Protect Yourself and Your Clients. As much as possible offer virtual tours and/or photos as a replacement for in-person visits. When visiting a property, restrict visitors and have hand sanitizer inside the home. Clean and sanitize all surfaces after each... visit. 2. Are Lawyers Still Working? Yes, lawyers are on the list of essential services. That said, things are being done a little differently, with more remote meetings, minimizing contact with clients/colleagues, and more reliance on couriers. 3. Will the Ontario Land Registration System (Teraview) Temporarily Close? Anything is possible, but highly unlikely. Land registration services are among the list of essential businesses in the Province. 4. Will the Banks Close? This is highly unlikely. Banks are also deemed an essential business. 5. What does the Law Require about Quarantining? The Federal government, under the Quarantine Act, has passed an emergency order. The order requires anyone entering Canada to quarantine. This is mandatory. In rare cases, failure to comply could result in fines and jail time. #realestate #lawyers #lawyer #Ontario

Rest assured, we are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. You can depend on us to assist you with a number of legal services during the stay-at-home order; including: 1. Buying and Selling Real Estate - We offer legal insight into all aspects of real estate purchase and sale, such as title insurance and information for first-time home-buyers. 2. Create a Will - We can help... you control the disposition of your property at your death. This important planning is a key element in avoiding problems at a later date. 3. Establish Power of Attorney - There are two types of power of attorney. A financial power of attorney allows someone - usually a spouse or adult child to act on your behalf. A personal care power of attorney appoints someone to attend to personal care decisions - such as hospitalization, surgery or other care needs, in the event that you are unable to do so. 4. Business Law - We can help you establish which of the 3 principal forms of business entities: corporation, sole proprietorship, or partnership, is best for your endeavour. 5. Civil Litigation - Our litigation practice covers a broad range of civil proceedings; with the exception of matrimonial litigation. This includes commercial and business litigation, estate litigation, insurance and personal injury matters, and construction litigation. For legal help with any of the services listed above, please telephone 613.936.2100, email us at [email protected], or visit https://www.lawcornwall.com/. #ontario #lawyers #lawyer

Cornwall’s total real estate sales in February 2021 reached $40.2 MILLION, an increase of 76.9% over the same month last year https://www.standard-freeholder.com//cornwalls-red-hot-hou. According to the Cornwall District and Realty Board (CDRB), 119 units were sold in the city in February of 2021. This is an increase of 20 percent over 2020. Furthermore, the first two months of 2021 saw an increase of more than 40%, compared to the same months in 2020. The average price of ...homes sold in February 2021 was $337,735; a significant gain of 47.1% from February 2020. The year-to-date average was even higher, posting a 55% gain from 2020, at $347,962. Throughout the pandemic restrictions you can continue to depend on us to deliver legal services as usual. Rest assured, our staff is taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For legal help with your real estate sale or purchase, please telephone 613.936.2100 or email us at [email protected]. #realestate #lawyers #lawyer #realestatelawyer #ontario

REAL ESTATE AGENTS have joined the ranks of other professionals who can operate under a corporation. A PREC unlocks important tax, income, and estate planning benefits that otherwise would not have been available. These are a few of the rules that must be followed in order to stay on-side of the requirements governing personal real estate corporations (PREC) in Ontario https://www.lawcornwall.com/personal-real-estate-corporati/. Throughout the pandemic restrictions you can c...ontinue to depend on us to deliver legal services as usual. Rest assured, our staff is taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For legal help with your personal real estate corporation (PREC), please telephone 613.936.2100 ext 204 or email us at [email protected]. #realestate #prec #lawyer #ontario

For REAL ESTATE PROFESSIONALS, these are some of the rules that have to be followed in order to stay on-side of the requirements governing personal real estate corporations (PREC) in Ontario https://www.lawcornwall.com/personal-real-estate-corporati/. Throughout the pandemic restrictions you can continue to depend on us to deliver legal services as usual. Rest assured, our staff is taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For legal help with your personal real estate corporation (PREC), please telephone 613.936.2100 ext 204 or email us at [email protected] #realestate #lawyers #ontario

If you are considering whether to PREPARE A WILL, here are answers to three of the MOST COMMON QUESTIONS we receive: 1. WHY DO I NEED A WILL? When a person passes-away without a will (intestate), the property owned by the deceased is distributed according to a rigid formula that is fixed by law. The intestate law is the same for everyone. It does not, and cannot, consider the special needs of any individual or family. That can only be accomplished with a will. 2. IS A WILL EX...PENSIVE? When you consider the importance of a will, the cost is modest. The lawyer’s fee for creating a will is determined by the time spent preparing it. It is recommended that you make an inquiry about the approximate cost before beginning to prepare your will. Keep in mind that a few hours of a lawyer’s time can result in significant savings in taxes and probate fees later. 3. WHEN SHOULD I MAKE A WILL? The best time is right now; before it's too late. You can continue to depend on us to provide legal services as usual during these unprecedented circumstances. Rest assured, we are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For more information on Wills and Power of Attorney, please visit https://www.lawcornwall.com/proje/wills-powers-of-attorney/, telephone 613.936.2100, or email us at [email protected].

Canada's HOUSING MARKET has seen average PRICES JUMP by almost 20% https://www.cbc.ca/news/business/crea-house-price-1.5724433; and, the number of HOMES SOLD shattered the monthly RECORD. "It has been a record-setting summer in many housing markets across Canada." - Costa Poulopoulos, CREA Chair Last month was the sixth-busiest month on record for home sales, and the busiest August ever. Through the first eight months of 2020, 341,463 homes have changed owners. That is 0.8% h...igher than the sales pace at this time in 2019. Because of the influence big, expensive markets can have on the national average, the CREA calculates the House Price Index (HPI), which adjusts for the volume and type of housing across markets. In August 2020, the HPI rose by 9.4%. This is the largest annual increase since 2017. Even under these unprecedented circumstances, you can depend on us to complete real estate transactions as usual. Rest assured we are working to protect you and your investment, while taking the necessary precautions to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone (613) 936-2100 or email [email protected] for legal help with your real estate purchase or sale. #realestatelawyers #realestatelawyer #realestate #lawyer #homebuyers #homebuyer

The decision to BUY or SELL REAL ESTATE is a VERY IMPORTANT one. We understand it is a long-term commitment; both financially and personally. To guide you through this process, we are here to provide you with thorough, professional, and dependable real estate legal services. Please telephone 613.936.2100, or email us at [email protected], for more information. Looking for more information before speaking to a real estate lawyer? We offer helpful information on our website... at https://www.lawcornwall.com/project/real-estate/. There, you will find valuable insight on: 1. Buying or Selling Real Estate: https://www.lawcornwall.com//buying-or-selling-real-estate/. 2. First-Time Homebuyer Incentives and Programs https://www.lawcornwall.com/project/first-time-homebuyers/. 3. Understanding Title Insurance: https://www.lawcornwall.com/project/title-insurance/. BONUS: Are you planning a move soon? This CHECKLIST will help keep you organized and ready for the big day https://www.lawcornwall.com/project/moving-checklist/. Under these unprecedented circumstances we are working to complete real estate transactions as usual. You can depend on us to work to protect you and your investment while taking the necessary precautions to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone (613) 936-2100 or email [email protected] for legal help with your real estate purchase or sale. #realestate #firsttimehomebuyer #homeownership #realestatetips #legalservices #homebuyertips #homebuying #homebuyer

Pent-up demand and low inventory levels are expected to keep the CANADIAN HOUSING MARKET active for the remainder of 2020, driving prices up in Q3 and Q4 https://www.newswire.ca//canadian-housing-market-expected-. "While COVID-19 lockdowns slowed Canada's housing market at the start of a typically busy spring market, activity bounced back by early summer in many regions ... Despite the tragic impacts of the pandemic, our optimism in the strength of Canada's housing market h...as always remained, and current market activity further exemplifies this." - Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada Although Ontario was one of the hardest-hit provinces in Canada, the province's real estate market bounced back aggressively in June 2020 as economies began reopening. An uptick in new listings is anticipated for the Fall, with price increases of up to six percent. You can DEPEND ON US to continue to close real estate transactions as usual. Rest assured, our staff is taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For legal help with your real estate purchase or sale, please telephone 613.936.2100, email us at [email protected], or visit https://www.lawcornwall.com/project/real-estate/. #ontario #realestateinvesting #realestate #homeownership #commercialrealestate #outlook2020 #outlook

Ontario begins consultations on ESTATE LAW REFORM https://www.advisor.ca//ontario-consults-on-estate-law-re/. Ontario is considering raising the dollar value for small estates, enshrining emergency measures related to virtual document signing, and repealing the section of the law that revokes a will upon marriage. The consultation letter asked stakeholders whether the $50,000 limit is still appropriate for small estates and whether there would be procedural difficulties if ...the tax exemption value and the small estates value did not align. Regarding virtual will signing, members agreed that the emergency order should remain until it is safe for high-risk individuals to meet in person. However, members did not agree on whether the order should be made permanent. Additionally, there was no agreement on whether to repeal the section of law that revokes a will upon marriage. Some members pointed out that the law already allows the spouse to elect to retain the will. This estate law consultation follows the government’s long-overdue initiative to modernize Ontario’s capital markets as well as an ongoing push to reduce regulation in general. You can DEPEND ON US to continue to provide legal services as usual. Rest assured, we are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please visit https://www.lawcornwall.com/proje/wills-powers-of-attorney/, telephone 613.936.2100, or email us at [email protected] for legal help with your will and estate. #estatelawyer #estatelaw #estate #lawreform #ontario

When you're PLANNING A MOVE, there are so many responsibilities to oversee and complete. Our MOVING CHECKLIST https://www.lawcornwall.com/project/moving-checklist/ outlines the important tasks you need to complete before moving day. From one month before the move to the day of, this STEP-BY-STEP CHECKLIST is an easy-to-follow guide. We believe that buying a home should be a positive experience, and a well-planned move will reinforce that positive experience. You can DEPEND ON... US to continue to close real estate transactions as usual. Rest assured, we are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100, or email us at [email protected], for legal help with your real estate purchase or sale. #movingday #moving #checklist #realestate #homebuyers #homebuyer #movingtips

Has the pandemic given you INSPIRATION? Do you have an idea for a NEW BUSINESS? https://www.lawcornwall.com/project/business-law/ The Coronavirus (COVID-19) pandemic, like the 2008-2010 recession, has inspired inventors and entrepreneurs to create NEW and INNOVATIVE ways to improve our lives in challenging times. Here is a list of super-successful businesses that launched during the last recession (2008-2010)... Uber AirBnB Slack Pinterest WhatsApp Square If you have a new businesses idea, you can depend on us to help you with: - Incorporation - Partnership Agreements - Shareholder Agreements - Buying or Selling a Business - Corporate Restructuring - Franchising - Liquor Permits - Contracts - Leases (commercial and multi-residential) - Investment Properties For more information about the legal aspects of STARTING YOUR BUSINESS, visit https://www.lawcornwall.com/project/business-law/. If you have any additional questions or concerns, please email [email protected], or telephone us at 613.936.2100. #business #entrepreneurs #legaladvice #startup #inspiration

LOCAL REAL ESTATE boards across the country report ‘SUPERCHARGED ACTIVITY’, as the Canadian housing market roars back to life after lockdown https://financialpost.com//posthaste-supercharged-canadian. Not only are buyers back in the market, so are sellers. Home resales saw increases ranging from 12% year-over-year in Calgary to 46% in Montreal, with records set in some cities. You can depend on us to continue to close real estate transactions as usual. We are taking every n...ecessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100, or email us at [email protected], for legal help with your real estate purchase or sale. #homebuyers #homebuyer #realestate #lawyers #lawyer

BUYER BEWARE! THIS https://www.lawcornwall.com/let-the-buyer-beware-how-to-pr/ is how to PROTECT YOURSELF when buying a house. Ontario Superior Court of Justice case of Brown v. Cassidy, 2016 ONSC 5446: The Browns purchased a bungalow privately from the Cassidys in Ontario, which turned out to contain an extensive amount of mold, water leakage problems, and issues with the rear deck; totalling more than $85,000.00 in damages. The Browns SUED the Cassidys, but the COURT DI...SMISSED the case citing the doctrine of caveat emptor otherwise known as LET THE BUYER BEWARE. You can continue to depend on us to close real estate transactions as usual. We are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100, or email us at [email protected], for legal help with your real estate purchase or sale. #homebuyers #homebuyer #realestate #lawyers #lawyer

Attention FIRST TIME HOME BUYERS! There are PROGRAMS and INCENTIVES to help you buy or build a house. First-Time Home Buyer Incentive https://www.placetocallhome.ca//first-time-homebuyer-incen. Apply to finance a portion of your home purchase through a shared equity mortgage with the Government of Canada. First-Time Home Buyers' Tax Credit https://www.canada.ca//de/line-369-home-buyers-amount.html. The FTHB Tax Credit offers a $5,000 non-refundable income tax credit amoun...t on a qualifying home. Home Buyers' Plan (HBP) https://www.canada.ca//rrsps-re/what-home-buyers-plan.html. Withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home. GST/HST New Housing Rebate https://www.canada.ca//charge-coll/new-housing-rebate.html. Homeowners may qualify for a rebate of part of the GST or HST they paid. You can continue to depend on us to close real estate transactions as usual. We are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100, or email us at [email protected], for legal help with your real estate purchase or sale. #firsttimehomebuyer #homebuyertips #homebuyingtips #buyingahome #homebuying101

The Canadian Real Estate Association (CREA) reported https://www.canadianmortgagetrends.com//canadian-real-est/ national HOME SALES ROSE SHARPLY IN JUNE 2020, with prices also climbing steadily. "The market has recovered much faster than many would have thought ... daily tracking suggests that July (2020), at least, will be even stronger. Month-over-month data is truly remarkable. Not only are property sales 150% above where they were in April 2020, sales rose 83.8% in the... Greater Toronto Area, 75.1% in Montreal, and 60.3% in Greater Vancouver. National inventory levels are at a 16-year low with just 3.6 months of housing supply left, should sales continue at the current rate. With such limited housing stock, buyers are forced to compete fiercely for properties. You can continue to depend on us to close real estate transactions as usual. We are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100, or email us at [email protected], for legal help with your real estate purchase or sale. #realestateagent #realestateagents #realestatebroker #realestate #lawyer #ontario

When it comes to the conversation about PREPARING A WILL, these are three of the MOST COMMON QUESTIONS we receive: 1. WHY DO I NEED A WILL? When a person dies without a will (intestate), the property owned by the deceased is distributed according to a rigid formula fixed by law. The intestate law is the same for everyone. It does not, and cannot, take into consideration the special needs of any individual or family. Only you can do that in your will. 2. IS A WILL EXPENSIVE? C...onsidering its importance of a will, the cost is modest. The lawyer’s fee for drawing-up a will is determined by the time spent preparing it. You should inquire about the approximate cost before the will is drawn. Keep in mind that a few hours of a lawyer’s time may mean substantial savings in taxes and probate fees. 3. WHEN SHOULD I MAKE A WILL? The best time is right now; before it's too late. You can continue to depend on us to provide legal services as usual. We are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. For more information on wills and power of attorney, please visit https://www.lawcornwall.com/proje/wills-powers-of-attorney/, telephone 613.936.2100, or email us at [email protected].

The REAL ESTATE marketplace has been DEEPLY AFFECTED by the pandemic. This has challenged the industry's brokers and agents and forced many real estate professionals to adapt to the circumstances by innovating the way they think and operate. In this post https://www.lawcornwall.com/real-estate-agents-the-coronav/ we share insight and guidance on how to: 1. Develop and implement an adaptive mindset... 2. Use the latest technology to overcome the communication challenges associated with social distancing. 3. Reinvent yourself personally and professionally. "Fall down seven times, get up eight." - Miyamoto Musashi, Japanese Samurai [1584 to 1645] You can continue to depend on us to close real estate transactions as usual. We are taking every necessary precaution to protect our clients, our colleagues, and our communities from the unnecessary spread of the coronavirus. Please telephone 613.936.2100 or us at email [email protected] for legal help with your real estate purchase or sale. #realestateagent #realestatebroker #realestate