Corporate Law Archives | Nava Wilson LLP

Tenanted residential properties under the power of sale in Ontario

Tenanted residential properties under the power of sale in Ontario For tenants, borrowers and lenders, it’s essential to know the legal implications when a lender takes possession of a residential property subject to a tenancy agreement. What happens to tenanted residential properties under the Power of Sale in Ontario? In accordance with the Mortgages Act, […]

Help! My Shares Are Getting Diluted!

What to do if your shares are getting diluted? We’ve had clients calling us in a panic when they hear the words “share dilution“. They are not wrong in worrying about their money losing value. It’s important, however, to understand what it really means and why it happens. There are TWO basic types of dilution: […]

Who Does The Repairs In A Commercial Lease?

First, we need to know that there are 3 main obligations when it comes to taking care of the property: MAINTENANCE REPAIR REPLACEMENT Within those 3 obligations, there are 2 subcategories: INTERIOR vs EXTERIOR STRUCTURAL vs NON-STRUCTURAL It is important that each lease should outline who is responsible for these 3 main obligations to avoid […]