When you lease a property, either as a tenant or landlord, you enter into a legal agreement that outlines the specific terms of the arrangement. A breach of lease is when one party violates one or more of the conditions specified in that agreement. Whether it’s not paying rent on time, breaking curfew, or having […]
While planning your estate, one crucial step you cannot ignore or take with levity is your will. The simple truth is that no one likes to think about their death. But whether you are comfortable with the sad reality or not, you will pass on one day. And your last Will will legally represent you […]
Often at times, many people usually assume that Estate planning is only for the rich. This, by a long distance, is one of the weirdest misconceptions flying all around. Estate planning is something anyone can and should do. You can be as rich as Elon Musk before planning your estate. The uncomfortable truth is that […]
Creating an estate plan is one of the best ways to manage and protect your wealth. Estate planning simply refers to the arrangement an entity makes. At the same time, he is still alive to manage and distribute their property or assets during the entity’s lifetime or after their death. In short, the sole purpose […]
To simply put it, conveyance is a term used in law to refer to the act of transferring property or interest from one entity to another. In legal terms, the entities involved in this are known as the conveyor/ grantor and a Conveyee/Grantee. Since conveyance refers to the legal transfer of real estate from one […]
As a business owner trying to rent a property for commercial purposes, there are some things you must look out for before you sign that agreement with your landlord (usually the owner of the property). Commercial leases agreements are considered long-term contracts that, on average, can last for at least five to six years. The sad […]
Probate is the legal process of settling an estate. This typically happens when someone dies and leaves a property, money, or other assets behind. The probate process can be complex, but its basic purpose is to ensure that the deceased person’s assets are distributed according to their wishes. To do this, the court appoints a […]
When it comes to legal matters, it is always better to be safe than sorry. The best way to reduce stress and protect your assets is by creating legally binding documents. They will specify how you want your affairs handled in the event of an emergency, incapacity, or death. In this post, we’re listing five […]
If you’ve ever watched any law shows, you’ve probably heard the terms power of attorney and representation agreement used by one of the lawyers. But do you know what they are? Unless you’re studying law or have a vast vocabulary that includes law terms, you might not know what they mean, and that’s okay. That’s […]
Canadians must be over the age of majority in each province to write a legal will. In British Columbia, you must be a resident of the province and aged at least 16 years to write a will. What’s more, the will-maker must be of sound mind and freely agree with what the document states upon […]