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9 Feb

Everest Finance Corporation v. Jonker, 2023 ONCA 87

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

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Jonker had a mortgage over their home with Everest. They defaulted in making the required payments on the mortgage, and Everest commenced power of sale proceedings. Everest brought its motion for summary judgment, which was...

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19 Dec

Lender can’t evict bona fide tenants from property notwithstanding mortgagor’s fraud

Monday, December 19, 2022James R.G. CookLitigationResidential Tenancies, Mortgage Fraud, Real Estate, Ontario Mortgages Act, Bankruptcy and Insolvency Act, Mortgage

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Courts must occasionally balance property interests between innocent parties who have been victimized by the dishonest or fraudulent conduct of another person. This may involve a conflict between...

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13 Oct

Mortgage Assumptions and VTBs in a Rising Interest Rate Market

Thursday, October 13, 2022Zev ZlotnickBusiness Law, Real Estate, Corporate LawMortgage, Vendor Take-Back Mortgage

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

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