Wednesday, October 18, 2023Zev ZlotnickBusiness Law, Corporate LawReal Estate, Environmental Protection Act, Ontario

In Ontario, commercial mortgage lenders can be held liable for environmental issues under certain circumstances, especially if they have taken possession of the property or are deemed to be...

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Wednesday, October 4, 2023Zev ZlotnickBusiness Law, Corporate LawLoans, Commercial Loan

A guarantor takes on liability for the obligations of the borrower or debtor under a commercial loan. A lender can require a secured guarantee or an unsecured guarantee. If the guarantee is...

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Wednesday, August 2, 2023Zev ZlotnickBusiness Law, Corporate LawReal Estate, Lending, Limited Partnership

A limited partnership is a business structure comprised of at least one general partner and one limited partner. General partners are...

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Wednesday, May 31, 2023Zev ZlotnickCorporate Law, Business LawReal Estate

An enforceability opinion is an opinion that the transaction documents constituting legal, valid, and binding obligations of the underlying entities, enforceable against them in...

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Wednesday, April 26, 2023Zev ZlotnickBusiness LawReal Estate, Ontario Mortgages Act, Mortgage, Lending

Under Section 17 of the Mortgages Act, R.S.O. 1990, despite any pre-existing mortgage agreement, where a borrower is in default for... 

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Wednesday, March 15, 2023Zev ZlotnickCorporate Law, Business LawReal Estate, Lending, Loans

Is there a difference between perfecting a general security agreement through a PPSA registration and registering a PPSA in respect of a loan...

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Thursday, February 9, 2023Zev ZlotnickBusiness Law, Corporate LawReal Estate

An interesting recent Court of Appeal decision - Everest Finance Corporation v. Jonker...

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Thursday, January 26, 2023Zev ZlotnickCorporate Law, Business LawReal Estate, Lending

A beneficial interest is an individual’s right to benefit from assets held by someone else. With respect to real property, it is imperative for a...

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Wednesday, December 14, 2022Zev ZlotnickBusiness Law, Corporate LawReal Estate, Lending

In Canada, lenders who take mortgages on real property as security should be mindful of section 8 of the Interest Act (the “Act”) and the...

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Tuesday, November 8, 2022Zev ZlotnickBusiness Law, Corporate LawReal Estate, Lending, Loans

A demand loan is a loan that a lender can require to be repaid by the borrower in full at any time. A demand loan has no term, but is simply repayable...

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Thursday, October 13, 2022Zev ZlotnickBusiness Law, Corporate LawReal Estate, Mortgage

In light of substantial increases in interest rates, real property purchasers are looking for alternative lending arrangements. Some alternatives include...

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Tuesday, September 13, 2022Zev ZlotnickBusiness Law, Corporate LawLending, Commercial Real Estate

Loan transactions commonly involve non-corporate entities such as limited partnerships and Real Estate Investment Trusts (“REITs”). It is important for lenders to...

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Tuesday, August 23, 2022Zev ZlotnickBusiness Law, Corporate LawReal Estate, Mortgage, Lending

Ownership of real property in Ontario is divided into legal or registered title ownership and beneficial ownership. Legal ownership and beneficial ownership... 

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