Monthly Archives December 2016

Did You – As The Real Estate Agent – Know That You Can Help To Eliminate A Few Of These Closing Date Surprises?

chinneck  -  Dec 22, 2016  -  No Comments
-By Jordan T. Overholt, Chinneck Law   With 2017 fast approaching, why not incorporate these four new inquiries into your standard realtor practice to ensure that your clients receive the smoothest closing experience possible?   1. Confirm That Your Client Has Appropriate Photo Identification When You First Meet Them When

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We’re hiring!

chinneck  -  Dec 09, 2016  -  No Comments
Why not start 2017 with a winning team? Chinneck Law seeks experienced real estate clerks (5+ years) with excellent communication, interpersonal, and organizational skills, who can work independently. We are a busy, modern firm with state-of-the-art software and top professionals in a beautifully restored mansion in London’s Old South, only

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Did you know that the Forfeited Corporate Property Act can create serious problems for commercial lenders?

chinneck  -  Dec 05, 2016  -  No Comments
By Jordan T. Overholt, Chinneck Law Ontario’s Forfeited Corporate Property Act (FCPA) comes into force on December 10th, 2016, and lenders should be aware of its implications. As its name implies, the FCPA’s focus is “forfeited corporate property”, a catch-all term for both real estate and personal property owned by

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Did you know that Land Transfer Tax changes are incoming?

chinneck  -  Dec 05, 2016  -  No Comments
By Jordan T. Overholt, Chinneck Law On January 1st, 2017, Ontario’s Land Transfer Tax (LTT) system will be the subject of three major changes (and one proposed major change) that all real estate agents and prospective purchasers should be aware of. Doubling the Maximum Refund As of the date of

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Did you know that mortgage interest rate changes have come into effect?

chinneck  -  Dec 05, 2016  -  No Comments
By Jordan T. Overholt, Chinneck Law In early October 2016, the Federal Government announced several changes that affect the Canadian housing market, Homeowners and Lenders. The purpose is to ensure a stable housing market. Following is a simplified summary: 1. Mortgage Rate Stress Test. This test is designed to ensure

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Did you know there is a difference between independent contractors and dependent contractors and that dependent contractors are entitled to reasonable notice of termination?

chinneck  -  Dec 05, 2016  -  No Comments
In a recent case (2016 ONCA 79), the Ontario Court of Appeal examined the difference between dependent and independent contractors. Lawrence Keenan began working for Canac Kitchens in 1976. For six or seven years following, he worked as an installer of kitchen cabinets and in 1983 he became a foreman.

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