Anna Gurevich Law Office
277 Lakeshore Rd East Unit 408 L6J 6J3 Oakville, ON, Canada

A few more words about mortgages in addition to my previous post. Another example of the lack of attention to details on the stage of arranging a mortgage is penalties (or pre-payment fees) which mortgagors have to pay when they decide to terminate a mortgage before the end of a mortgage term, which mostly happens when people sell their property. Depending on the type of a mortgage, penalties are calculated differently. The amount of such penalties or rather a formula for cal...culations shall be discussed with a mortgage specialist at the time of arranging a mortgage. A mortgage specialist may advise which type of mortgage will fit better the mortgagor’s needs. The interest rate of mortgage can not be the only criteria of defining the appropriate type of mortgage. Otherwise, mortgagors may end up paying penalties of $20,000 - $40,000 when they have to pay out their mortgages. These amounts of penalties I have seen on payout statements recently. An experienced real estate representative, a mortgage agent, and a real estate lawyer are great source of information but only purchasers by themselves can define the purpose of the real estate transactions and future use of the purchased real estate. It’s of crucial importance to get the understanding of the mortgage terms and conditions, to choose the appropriate one in order to maximize benefits of a real estate purchase.

I would like to share a few thoughts about mortgages despite the fact that it’s not my specialization. As a real estate lawyer, I have to deal with mortgages to close real estate transactions. Do you know that the lawyer who closes the real estate deal, represents the purchaser in the purchase transaction, but also represents a bank in the mortgage transaction? The bank, with which the purchasers choose to take a mortgage, sends mortgage instructions to the lawyer, with wh...ich the latter should strictly comply in order to get mortgage funds on time. It’s a very common misconception that a lawyer can negotiate the terms and conditions of a mortgage. At the time the lawyer gets mortgage instructions from the bank, the mortgage is already arranged and approved, all the negotiations between a mortgagor and the bank have been completed. Sometimes mistakes can happen in mortgage documents. A lawyer can require the bank to correct them, but if mortgagors are trying to negotiate major terms and conditions through a lawyer, it always brings them back to the initial stage of discussing the terms with their mortgage representative. Such situations are extremely stressful as nowadays banks send mortgage instructions only a few days prior to the closing date and purchasers do not have much time for new negotiations. It’s worth spending time with a mortgage broker during the initial stage of a mortgage application to discuss details of a mortgage, the purpose of real estate purchase, take time to understand details of the mortgage to avoid any surprises a few days prior to the closing.

Can I get away from a purchase agreement of a pre-construction condo? The construction of new buildings takes some time during which purchasers’ plans may change because of their life, family or economy situations. What can they do if they decide to get away from the deal? It all depends on the terms of the agreement. If the assignment clause is incorporated in the agreement, purchasers may re-assign their rights under the agreement. In other words, purchasers may find ...someone else who would like to step in their shoes and become the new purchaser under the agreement. Very often original purchasers sell their rights in the agreement for the additional price. So, regardless of purchasers’ plans at the time of entering into the agreement, it’s quite beneficial to have an assignment clause as if there is no such clause, it’s highly unlikely that the builder will allow the assignment or termination of the agreement without serious financial consequences to the purchaser. Moreover, builders sometime do not include the assignment clause in the agreement unless expressly requested by the purchaser. As a result, some purchasers in the same building might be allowed to assign and the others don’t. Life sometimes may be unpredictable and bring unexpected turns. It is worth to know what to expect from the agreement in case your life situation changes and some relief is required. Are you planning to sign the purchase agreement of a pre-construction condo? Have questions? Call Anna and book a consultation at 289-848-0096 feeling good at Anna Gurevich Law Office. See more

Why do I need home insurance for real estate closing? It is not always obvious to a purchaser of non condominium real estate that home insurance is a mandatory requirement that banks ask for when purchasers are getting a mortgage. Often people who owned a condo property and purchased a house are surprised to learn that they have to arrange home insurance and pay for it separately. They claim that: We have owned our property for years but we never paid for home insuranc...e. It’s not entirely correct. Almost all condo owners do not pay home insurance separately. They pay it as a part of common expenses, a condo corporation arranges and pays such expenses for condo owners. One of the mandatory conditions of every mortgagee is valid home insurance (AKA fire insurance). The difference between condo purchases and all other real estate purchases is that condo building insurance is satisfactory to meet banks’ home insurance requirements and condo owners are not required to arrange anything extra (some exceptions do exist), but purchasers of non-condo properties should be ready for extra expenses in relation to arranging and keeping home (fire) insurance.

The rural real estate market has been booming this year. More and more people would like to have their own cottages. It is an amazing idea, however purchasing a rural property often differs from purchasing an urban one. More careful consideration of the property is required as rural areas often do not have municipal water and municipal sewers and sometimes access to the property goes through private roads. All these conditions put extra responsibilities and additional expense...s on property owners. If the property is waterfront, it potentially brings more issues that must be identified in order to understand whether any hidden problems exist. Some searches can be done prior to entering a purchase and sale agreement, an experienced local real estate agent who knows the rural area and its particulars, and who can make appropriate searches, is a great advantage for the purchasers. Sometimes a real estate agent includes the requirements for the Seller to provide a Buyer with certificates/permits, such as a Water Potability Certificate, or a Well Driller Certificate, or a Septic Use Permit, which are included in the purchase and sale agreement and substantially reduce the purchaser’s expenses on due diligence searches, if needed. If you are buying a cottage property and are not sure whether any extra searches are required or are concerned about particular issues, make an agreement of a purchase and sale conditional upon completion of due diligence searches and the review of an agreement by a lawyer. If making an agreement conditional does not seem practical because of high demand on a real estate market, at least allow yourself and your lawyer enough time to make due diligence searches, and do not rush with the closing date. Thinking of purchasing a cottage? Have questions? Book a consultation with Anna Gurevich See more

Do I need to know anything about zoning laws? Most of us don’t care much how zoning laws work for residential areas until faced with problems from neighbours. It might happen when neighbours operate business from their homes and other neighbours experience, for example, some difficulties with driving through the street because of parked vehicles or noise from constantly arriving and leaving cars. Municipalities have authority to impose standards in regard to the size..., type and place of buildings on the land. By implementing zoning by-laws municipalities keep residential areas separate from businesses allowing residents to enjoy peace and quiet. Zoning laws may impose restrictions on advertising signatures, vehicle parking, use of residential house for business, use of hazardous materials, noise, smoke and odour. If you are operating a business from home, it’s worth checking with the municipality about any zoning restrictions as they may affect the way your business operates. Have questions? You may book a consultation at 289-848-0096.

If you’ve been asked to be a nominee director of an Ontario or a Federal corporation, don’t rush to accept the offer. Most probably, you know the people who are making such an offer, you know the corporation and you’ve just been explained that you will not have to dive into details of day-to-day activities, it’s just a title, nothing serious I normally hear similar stories from so to say nominee directors when they come to share their concerns. When people agree to act... in the capacity of a nominee director, they, very often, do not realize the level of responsibility they take by accepting the offer. The current legislation does not recognize the term: "nominee director, it means that anyone acting in a capacity of a director carries the same duties and responsibilities including the responsibility to manage and supervise the management of the business and affairs of a corporation and can be personally liable for non-compliance with the requirements imposed by applicable statutes. For example, directors are at the risk to be held personally liable: under OBCA, if wages and vacation pay are not paid to employees or if dividends are paid to shareholders while the corporation is insolvent; under Excise Tax Act (Canada) if GST is not collected and remitted; under Consumer Protection Act 2002 (Ontario), if the corporation shall pay remedy, the payment might be enforced against a director of the offending corporation; and in many other situations. It’s obvious that in order to be protected, a director needs to be aware of a corporation’s affairs, exercise due diligence, and monitor the financial and other risks of the corporation. The director shall also know about fiduciary duties to the corporation, duties of care, and many other duties and responsibilities that have arisen from holding a director’s position. Have questions? Not sure how to act? Book a consultation with Anna

To Commercial landlords: Not every landlord uses the help of a lawyer when preparing a lease agreement for the commercial property they own. In doing this, they run the risk to oversee issues which might be hidden from even a sophisticated landlord. I give only one example, just to rise awareness that such an issue does exist and should be checked prior to signing any binding lease documents.... Many commercial properties are located at multistory buildings which form a condominium. If this is an issue, condo documents must be checked to confirm that the future lease will not contravene the condo rules. Not every condo is the same, rules are different and it might happen that the business of a potential tenant is not allowed by the condo corporation. For example, sometimes auto shops are not allowed in a condo corporation. Condo rules often say that in case such prohibited business is opened, it shall be closed immediately. If such prohibition is overseen by parties, both parties of lease agreement will suffer damages and such contractual relations will most probably end up in a court. So, in additional to checking a permitted use of premises at the municipality it’s worth confirming with a condo corporation that the type of business a tenant is going to run on the premises is permitted by the condo corporation.

You have decided to incorporate your business. What is the next step? For most, it probably is to choose between Federal and (Provincial) Ontario incorporation. The best advantage of Federal incorporation is the name protection. Once your business is federally incorporated, it may use the company’s name in any province it plans to carry on business in. So if you are planning to do business in more than one Canadian province or internationally, it makes sense to incorpor...ate federally. However, the extra-provincial registration is always required for a Federal corporation in order to carry on business and to register an office at any Canadian province. In case you are planning to carry on business in Ontario only, the provincial registration might be appropriate. An Ontario corporation can change its status to a Federal corporation later, however, it’s not guaranteed that the same corporate name will be preserved. It’s important to choose the most appropriate structure for your business before you register it. Book the consultation with Anna at 289-848-0096

How to Choose an Executor for Your Will When you pass away, your executor is tasked with carrying out all the instructions you leave in your last will. In addition, they are responsible for administering, protecting, and distributing your estate among your beneficiaries. An executor’s duties require a significant amount of effort, time, and the ability to make responsible and sound decisions. Therefore, you need to appoint someone trustworthy and reliable to protect the inter...Continue reading

REPEAL OF DIRECTOR RESIDENCY REQUIREMENTS IN ONTARIO Ontario will no longer require corporations to have at least 25% of the directors of an Ontario corporation to be resident Canadians, under new legislative amendments which amend the Ontario Business Corporations Act (OBCA), which come into force on July 5, 2021. It may ease the entry of foreign businesses and investors in Ontario and reduce the associated administrative burden as previously foreigners looking to establish an Ontario Corporation had to set up corporations in other provinces which do not have such residency requirements for directors and then extra-provincially register in Ontario to do business in the province.

What Buyers Should Know About Land Transfer Tax Buying a home is a significant acquisition. Other than the actual price of the house, there are many costs associated with purchasing property, one of which is the land transfer tax. What is land transfer tax?...Continue reading

6 Terms You Should Know Before Buying Commercial Real Estate Owning commercial property can be very lucrative. However, commercial real estate transactions are complex. It is, therefore, wise to hire a commercial real estate lawyer and an accountant for such transactions. While a commercial real estate lawyer can help you navigate the complexities of a transaction of a purchase and sale, it’s crucial to familiarize yourself with some accounting terms when investing in commerc...Continue reading

Common Mistakes People Make When Buying a House Buying a home is likely the most significant financial transaction you’ll ever make, so it’s not a decision to take lightly. Ignorance and misinformation can lead to a waste of time and money. For that reason, it would be wise to enlist the help of real estate experts to steer you in the right direction. One expert you should hire is a real estate lawyer. An experienced real estate lawyer will help make the process of buyi...Continue reading

Few words in Russian about First-time purchasers refund. I have answered two most often asked questions related to a first-time home purchaser's refund. The first question is about the eligibility and the second question is about the maximum amount of the refund.

How would you like to appear on a title of your property? It’s worth considering the options prior to answer this question. It’s not always an easy process for two or more individuals deciding to be co-owners of the property. It is a frequent situation when a husband and a wife or a mother and a child share the ownership in the real estate property. ... How can they appear on a title? If two individuals buy the property for their benefit, they take the title to the property as joint tenants or tenants in common. Joint Tenants are considered to acquire equal proportions in the property. One owner can’t sell his/her interest without the express consent from the other. They are treated by law as holding the interest in the property as a single owner. Joint Tenants have survivorships’ rights. It means if one of the owners passes away, the other one acquires the share belonged to the deceased automatically through the process called right of survivorship. The interest in the property of the deceased person will not form a part of his/her estate as it will be passed directly to the joint owner. Tenancy in common allow owners to have an unequal interest in the property, for example, one owner holds 45% and the other holds 55% of interests in the property or any other percentage is allowed. Co-owner’s consent is not required when one of them wants to sell his/her share of the property. When a co-owner passes away, the share of his/her property will form a part of the deceased co-owner estate and will be distributed under his/her Will if available. It is advisable for co-owners to consider entering into a Co-Ownership Agreement. The Agreement regulates the co-owners relations concerning the day to day management of the property and protects each co-owner’s investments. For example, it defines how co-owners pay general repair, mortgage, utilities, insurance expenses, how they occupy the property, how they buy-out the property if one owner wants to sell, how they settle disputes, what’s will happen in case of incapacity of the death of a co-owner, etc. Every situation is unique, and it is worth to know all the aspects of the ownership before acquiring the property. Have questions? Give us a call at 289-848-0096.

I came across some information about the help available in case of family violence. If you know anyone who might need the help, please, share this link with them: https://www.ontario.ca/page/violence-family

Changes in the Succession Law Reform Act, which governs what happens in an intestacy.

Many purchasers of a new residential property are sure that they qualify for an HST rebate. They see certain clauses in their purchase and sale agreements and decide that they will be compensated just because those clauses are there. In fact, the agreements are often composed in a way that make a purchaser agree to certain law requirements to be eligible for the HST rebate and later if any of the purchaser’s statements turn out to not be true, the builder may easily not q...ualify the purchaser for the rebate at the time of closing which can cause the purchaser to pay up to $24,000.00 or more to close the deal. In most cases, the purchaser can not refuse to close the deal if the builder does not qualify the purchaser for the HST rebate but the purchaser has the right to submit the documents to the CRA after the closing to claim the rebate if they think that they are eligible for the rebate. It’s always safe to understand details and to know options. You may familiarize yourself with the requirements for HST rebate following the link: http://bit.ly/conditionsHST

Знаете почему я так много пишу про планирование, про подумайте заранее, про подстелите себе соломку? Потому что это невозможно тяжело видеть боль и страдание людей, когда что-то случается с их близкими, а они не в состоянии быстро помочь, потому что их близкие не подумали о них и не сделали заранее юридических документов. Когда человек обращается ко мне и надеется, что я смогу совершить чудо, как тяжело объяснять что я юрист, а не волшебник и если человек уже не в состоя...нии принимать решений, подписать никаких бумаг этот человек не может, теперь только длинный судебный процесс назначения опекунства. В нынешней непростой ситуации здоровье самое большая ценность и самая легко теряемая ценность. Супруги, родители, дети пожалуйста, подумайте друг о друге, это так несложно и так недорого составить хотя бы доверенности на принятий решений по здоровью и доверенности по управлению имуществом, доверяя эти функции своим близким людям, в случае Вашей недееспособности. Экономия денег вообще не стоит тех страданий, боли и переживаний, которую будут испытывать Ваши родственники или близкие люди, пытаясь помочь Вам и ухаживать за Вами. Получить разрешение быть опекуном недееспособного человека после того, как человек потерял дееспособность можно только через суд. Это законодательно урегулированный долгий и дорогой судебный процесс. Стоит он тысячи долларов, тогда как сделать простые доверенности будучи в ясном уме и твердой памяти может стоить не более $150-$250 с человека. В общем, думайте сами, я Вас предупредила.

Что такое статус сертификат? и знаете ли Вы правила проживания в том кондоминиуме, где покупаете квартиру? Что такое статус сертификат? Это такой малюсенький документик страниц на 150 рассказывающий о жизни управляющей компании, вкратце. Его обычно заказывают когда покупают квартиру в многоквартирном доме для того чтобы оценить состояние той самой управляющей этой многоквартирным домом компании. Управляющая компания это некоммерческая компания и будущим владельцам важно ...знать насколько хорошо компания управляет имуществом и насколько комфортно и беззаботно будущим владельцам будет жить в этом доме. Обычно документ как только получен отдается юристу, ведущему сделку на проверку и юрист проводит анализ изложенной в документе информации. Другим источником информации о состоянии управляющей компании и дома является риэлтор, который выясняет по своим каналам что да как в этом кондоминиуме. Покупатели, как правило, полагаются на то, что им скажут юрист и риэлтор. Статус Сертификат читают редко. Согласна, там много страниц и не всегда понятно зачем нужна вся эта информация, но прочтению как минимум правил и декларации кондоминиума стоит уделить время. Это поможет избежать неприятных сюрпризов после покупки. Зачем? Ведь есть юрист и риэлтор, они пусть и читают. И это правильно, но читают они оценивая определенные финансовые и юридические риски, без учета того насколько правила проживания в кондоминиуме пригодны для Вас. Например, правила могут запрещать не только развешивать белье на балконе, но и выставлять цветы или уличную мебель на балкон, которая нарушает общий интерьер здания, а Вы купили квартиру из-за отличного балкона и вида, планировали его обустроить и проводить там много времени. Другой пример: У Вас очень дорогой велосипед и место для хранения велосипеда Вам не кажется надежным, и Вы решаете хранить его в квартире на 20 этаже, а правила запрещают перевозку велосипеда на лифте. Согласитесь, что узнав об этом после покупки, Вы возможно несколько огорчитесь. Это, конечно не конец света и как-то приспособиться жить можно, но лучше-то жить с комфортом, а комфорт мы обеспечиваем себе сами! Хорошего настроения и счастливого понедельника!

Ничего особо нет у меня, а все что есть детям Вышел у меня один разговор интересный с одним мужчиной, разговорились мы про наследственное планирование. Он сказал, что планировать нечего, ничего особо нет и все что есть детям, так что делать никаких завещаний и доверенностей не собирается. Я спросила так ли он уверен, что ничего особо нет и все детям, он ответил, да конечно.... Не знаю почему, но позже он завещание и доверенности сделал, интересно то, что думая, что у него ничего нет и все детям, он сильно заблуждался. Если бы он умер без завещания, то часть дома, которой он владел досталась бы его брату, дети не получили бы ничего, он об этом и не подозревал. Да и поводу особо ничего нет, тоже оказалось не совсем так. Заполняя анкету, которую я всегда прошу заполнить перед составлением наследственных документов, он вспомнил про акции, которые купил в молодости, хорошо, что вспомнил, сам обрадовался. Принимать правильные решения хорошо имея полную информацию. Наследственное планирование предполагает анализ финансового и семейного положения человека и планирование в соответствии с конкретной ситуацией. Это здорово, если все получится так как Вам кажется и очень печально, когда отсутствие должного внимания к вопросу наследства приводит к необратимым последствиям как могло бы быть у этого мужчины, который мог оставить без наследства своих детей, просто по незнанию. Составлением наследственных документов (завещания и доверенности на управления имуществом и принятий решений по здоровью) наш офис занимается на протяжении пяти лет. Мы составляем завещания различной сложности и с удовольствием поможем Вам, если Вы к этому готовы. Если налоговое планирование не кажется нужным в данный момент времени, но вопросы есть, закажите консультацию юриста по телефону 289-848-0096. Хорошего дня и берегите себя.

A tip to purchasers of residential real estate: It happens more often now and has almost become a new norm that the keys to the new owners of the property are left in the lockbox on the property. It’s an easy and convenient way to transfer keys from a seller to a purchaser to avoid extra meetings and extra trips to a lawyer’s office. Unfortunately, it not the law, these are arrangements made between the parties of a real estate transaction and unless such arrangements... are included in the purchase and sale agreement, they may or may not happen. If you are a purchaser who is looking for an easy way to get the keys, you may want to talk about this option with the seller at the time of entering to purchase and sale agreement and include the appropriate clause in to the agreement.

An interesting shift in commercial rent: As retail locations temporarily shut down, it’s no surprise that people quickly shifted their dollars to e-commerce. What is shocking is how fast and how much we spent online. With all those e-commerce sales, there had to be resources available to manage and store the inventory. That is where the industrial market stepped in. ... Owners of retail and office spaces are now looking to convert some of them into warehousing and lease it to industrial tenants. Full article is here: http://bit.ly/hellowarehouse

An expert opinion on Global News about the Toronto Real Estate market. It's one of many things which was hard to imagine a year ago that could happen in real life. Details are here https://bit.ly/RETorontoGTA

I am happy to share another positive review of our office services! Thank you.

Another google review which made my day, thank you, Valeria.

If you are not happy with your current condo management, check this out: Do you know that all condo board members (other than the members of the developer or declarant-controlled board) are required to complete training provided by the Condominium Authority of Ontario within six months of being elected or appointed to the board if they join the board on or after November 1, 2017. This training is designed to ensure that directors understand how condominium corporations ...operate, and their role in managing the affairs of the corporation. Condominium corporations can only hire licensed managers or management service providers to manage the corporation, for more information, click the link at the bottom of this post. The Condominium Management Regulatory Authority of Ontario (CMRAO) is responsible for administering mandatory licensing and professional oversight for condo managers and management providers. They also ensure that only qualified people with the appropriate training and experience hold a licence. For more information: https://www.cmrao.ca

Ответ от профессионала, агента по ипотеке, Ruslana Vorotyntseva на часто задаваемый мне вопрос: сколько нужно иметь денег в наличии, чтобы приобрести недвижимость. Руслана, в своем посте, объясняет подробно что и как. Читайте ниже:

Happy Thanksgiving day!

How would you like to appear on a title of your property? It’s not always an easy process for two or more individuals deciding to be co-owners of the property. It is a frequent situation when a husband and a wife or a mother and a child share the ownership in the real estate property. How can they appear on a title? If two individuals buy the property for their benefit, they take the title to the property as joint tenants or tenants in common.... Joint Tenants are considered to acquire equal proportions in the property. One owner can’t sell his/her interest without the express consent from the other. They are treated by law as holding the interest in the property as a single owner. What if one joint owner wants to sell the property, but the other is against it? They will have to go through the process called severance to change their capacity from joint tenants to tenants in common. Joint Tenants have survivorships’ rights. It means if one of the owners passes away, the other one acquires the share belonged to the deceased automatically through the process called right of survivorship. The interest in the property of the deceased person will not form a part of his/her estate as it will be passed directly to the joint owner. Tenancy in common allow owners to have an unequal interest in the property, for example, one owner holds 45% and the other holds 55% of interests in the property or any other percentage is allowed. Co-owner’s consent is not required when one of them wants to sell his/her share of the property. When a co-owner passes away, the share of his/her property will form a part of the deceased co-owner estate and will be distributed under his/her Will if available. It is advisable for co-owners to consider entering into a Co-Ownership Agreement. The Agreement regulates the co-owners relations concerning the day to day management of the property and protects each co-owner’s investments. For example, it defines how co-owners pay general repair, mortgage, utilities, insurance expenses, how they occupy the property, how they buy-out the property if one owner wants to sell, how they settle disputes, what’s will happen in case of incapacity of the death of a co-owner, etc. Every situation is unique, and it is worth to know all the aspects of the ownership before acquiring the property. Have questions? Give us a call at 289-848-0096.

Три момента на которые надо обратить внимание, если Вы решили купить гараж в своем кондо. Очень часто бывает, что при покупке квартиры владельцы не покупают столько парковочных мест, сколько им надо и они ищут возможность докупить их позже. Такие возможности появляются. Если это Ваша ситуация, то, прежде чем заключать договор купли-продажи, желательно проверить следующее: Является ли гараж одтельным объектом недвижимости. Некоторые кондоминиумы ... устроены таким образом, что гараж, квартира и кладовка составляют один целый нераздельный объект недвижимости и для разделения их нужна отдельная дорогостоящая процедура. Разрешает ли Ваше кондо продавать гараж отдельно от квартиры или продажа чеголибо отдельно запрещена; Сможет ли продавец снять обременение (т.к. ипотека) с гаража, в случае его продажи. Большинство объектов недвижимости покупается путем получения ипотеки и гараж не исключение. Скорее всего ипотека одна на несколько объектов: на квартиру, гараж и кладовку. Обязательно спросите продавца, уверен ли он, что сможет снять обременение только с гаража при его продаже. Ответив на эти три вопроса положительно, Вы можете приступать к написанию договора куплипродажи. Положительные ответы на эти три вопроса не означает, что никаких других проблем не может возникнуть при покупке, но Вы не вступите в договорные обязательства и не заплатите депозит по договору, который, скорее всего, не может состояться, если один из ответов отрицательный. Депозиты не всегда легко вернуть. Вопросы по приобретению недвижимости? Нужно составить договор купли-продажи? Звоните 289-848-0096

Говорят, что лучший способ потерять друга или испортить отношения с родственниками, это начать совместный бизнес. Думаю, от части это правда, так как, начиная бизнес, люди, как правило, меньше всего думают о том, как они будут решать разногласия, когда они возникнут. А потом, когда эти разногласия возникли, договориться уже не могут. Хорошим решением проблемы может быть договор между бизнесменами, он часто называется Акционерный договор (Shareholders’ Agreement). Подума...ть о заключении такого договора стоит в самом начале развития бизнеса. Чем он может помочь? Как минимум разъяснит всем участвующим, их роли в бизнесе, как будет происходить управление бизнесом, кто будет директором, как будут приниматься важные решения, кто будет принимать решение о финансировании бизнеса и что делать, если возникло желание выйти из бизнеса. В такой договор можно включить наиболее подходящие методы защиты интересов акционеров такие как Rights of First Refusal, Rights of First Offer , Drag-Along Rights, Tag-Along (Piggyback) Rights, а также предусмотреть способы выхода партнера из бизнеса в случае личных проблем, связанных с разводом, недееспособностью, банкротством или смертью. Акционерный договор поможет Вашему бизнесу не только остаться на плаву, но и сохранить взаимоотношения с Вашими бизнес-партнерами после их выхода из бизнеса. Акционерный договор достаточно сложный договор и его стоит составлять с юристом и тем более стоит проконсультироваться с юристом, если Ваши бизнес-партнеры составили акционерный договор и предлагают его Вам подписать. Не полагайтесь на хорошие дружеские отношения, к бизнесу стоит подходить с деловой точки зрения, а не с дружеской, тогда он имеет шансы существовать долго и успешно. Есть вопросы по акционерному договору? Звоните 289-848-0096 или пишите [email protected]

I am happy when my clients are happy!

Вы покупаете жилье и Вам что-то пообещали продавцы, например, что пруд закопают, кондиционер поставят, что старый сарай уберут или забор поправят или что-то еще. Сделайте, пожалуйста, одно простое дело, внесите это обещание в договор купли-продажи, закрепите устные договоренности письменными. В этом случае Вы будете уверены, что Вы с продавцом понимаете смысл договоренности одинаково и сможете требовать выполнения обещания до закрытия сделки. Нужна консультация по договору купли-продажи жилой недвижимости? Звоните, Anna 289-848-0096

My spouse passed away recently and I’m appointed as an executer under his will, do I have to act? No, you do not have to act just because you are named in the will you can renounce the role but if you want to renounce you must do so before you take any action as executor. It’s worth reviewing a will and getting legal advice, if required, to make sure that the provisions of a will are properly understood. There are many questions the appointed executors need to ans...wer prior to choosing whether they want/can act as an executor under a will or not. For example: Do I have a conflict of interest? Do I want to make a Family Law Act or dependent’s relief claim instead of inheriting under the will? Do I object to any portion of the will or want to challenge it? Can I work with the co-executors? If you have to deal with estate issues and require legal advice, Anna Gurevich Law Office is here to help you. Contact Anna today at 289-848-0096.

I almost died yesterday. I went for a walk. Nice warm weather, a little bit of wind, but still quiet and peaceful, a perfect day. All of sudden, I see a squirrel running across the street from a dog and a lady running after the dog screaming Lucky stop, please, stop! At the very same moment I see a car approaching quite quickly and none of them, neither squirrel, nor the dog, nor the lady see this car as there is a turn in the road and I stood at the point where I see e...verything. I am always amused at how quickly things may change, a peaceful scene, no people, no cars and a second later you see a squirrel, a dog, a lady and a car are approaching each other at an incredible speed. I have a strong voice, but I didn’t know if I could scream louder than the noise of the city and sound of the wind. It was the scream of the panic and horror that alerted all three of them, and they stopped, turning their heads toward the approaching car as it slowed as well. Nothing horrible happened, but I almost died while I was screaming, I was so scared. The lady came up and thanked me for saving her and her dog with my scream. We started talking and I found out she has two daughters and three grandkids that she loves very much, and she is a retired nurse with a very engaging and fulfilling career behind her. I told her about my job and how I help people make wills, among other things, to which she responded that during moments like these she regrets that she had not made her will yet. In return, I suggested that I could help her with drafting a will. Obviously, this is not the way I want to make clients, but it brings up a very interesting topic that many people think of only in dangerous situations or after they survived something; what if something bad were to actually happen to me in a moment like this? You don’t need to wait for a bad situation to make your will. At Anna Gurevich Law Office we hear, listen, explain and draft estate documents reflecting the wishes of our clients and in accordance with the law. Contact Anna at 289-848-0096 to start the conversation about YOUR WILL.

Minimum wage rates in Ontario will increase on October 1, 2020. Under the Making Ontario Open for Business Act, this increase is tied to the Ontario Consumer Price Index for 2020. The increase to the general minimum wage will be 25 cents, which will bring the new rate to $14.25 an hour. Read more here: http://bit.ly/minwageisup