Information About Devry Smith Frank Blog
- YCC 435 v. Karnis et. al.
DATE: November 28, 2023CASE: 2022-00183NCitation: York Condominium Corporation No. 435 v. Karnis et al. Order under section 1.44 of the Condominium Act, 1998.Member: Stephen Roth, MemberThe Applicant,York Condominium Corporation No. 435Represented by Erik Savas, CounselThe Respondents,Monika Karnis, … Read more »
- What Should You Do When a Co-Owner Doesn’t Want to Sell?
If you partly own property, but your co-owner does not want to sell (or develop, or mortgage, etc.), don’t worry, you have options. Sometimes we make a foolish investment; sometimes we split up with our partners; sometimes we fight with our family members. Sometimes we just aren’t in agreement about … Read more »
- Ontario Court Acknowledges Estate Trustees’ Right to Indemnification, Denies Use of Estate Funds for Litigation
Estate distribution and the associated legal battles often bring forward intricate legal questions, especially when changes are made to wills or disputes arise among the beneficiaries. In the recent decision of Santos et al v. Coghlan et al, 2023 ONSC 4862 from the Ontario Superior Court of Justice, … Read more »
- Principal Residence Exemption Ineligibility – House Flipping
As a general rule, the sale or disposition of any residential property in Canada triggers a capital gain, or, in an unlikely scenario, a capital loss. The capital gain is equal to the difference between the adjusted cost base (the amount for which the property was purchased) and the price at which i … Read more »
- Did I Just Enter a Legally Binding Contract By Texting an Emoji? According to a Saskatchewan Court, You Might Have
The use of technology in the legal field is rapidly evolving. From the use of artificial intelligence tools like ChatGPT to the shift from in-person to virtual courtrooms, it is clear that the law needs to be adaptable and flexible in this new digital age. A recent shift in this direction came with … Read more »