Let’s talk about the elephant in the room… a Cohabitation Agreement. A lot of people tend to think that the notion of discussing an agreement prior to cohabitating or marriage is essentially setting up your relationship to fail. In fact, preparing for your cohabitation or marriage is just like getting fire insurance for your home, …
The First-Time Home Buyers Incentive
We have started seeing a lot more clients taking advantage of the First-Time home Buyer’s incentive. This allows clients to put an extra 5% down on their home by way of a shared equity mortgage from the Government. The 5% mortgage does not have monthly payments – instead the homebuyer must only repay the incentive …
Canadian Mortgage and Housing Corporation
“The COVID-19 pandemic is affecting all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely impacting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the next 12 months. In order to protect future home buyers and reduce risk, CMHC is …
When to Update your Will
Last Will and Testaments are not a static document. As your life and family dynamics change it is important to take the time to reflect and review your Will and estate planning documents to ensure that they represent your wishes. As a rule of thumb this should be done every three to five years, but …
Frequently Asked Questions during COVID-19
[1] Is Carleton Law Group still looking after my file? While our office is closed to the public, staff member at Carleton Law Group are currently working at the office or remotely from their homes. Please do not attend the office or our homes unless specifically instructed by one of our staff members until further …