What is a Survivorship Application? A Survivorship Application in Ontario is a legal procedure used when one owner of a property held in joint tenancy passes away. In such instances, the property is automatically passed to the surviving joint tenant(s) without going through probate or being included in the deceased’s estate for distribution. This process …
What is a Website Privacy Policy A Website Privacy Policy is a legal statement that outlines how a website collects, uses, maintains, and discloses information collected from its users. It serves as a public declaration of how the organization upholds data protection principles and respects the privacy of individuals who visit its website. The policy …
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What is an Employment Contract? An employment contract is a legally binding agreement between an employer and an employee that outlines the terms and conditions of employment. This comprehensive document typically specifies details such as the job role, responsibilities, duration of employment, compensation, benefits, grounds for termination, and other pertinent clauses such as confidentiality and …
Employment Contracts in Ontario: Guide and Benefits Read More »
What is a Supply and Purchase Agreement? Supply and Purchase Agreements are contractual documents delineating the terms and conditions under which one party agrees to supply and the other agrees to purchase goods or services. These agreements typically specify details such as the quantity, quality, price, delivery schedules, and payment terms of the products or …
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Service Agreement Contracts A Service Agreement Contract is a legally binding document that outlines the terms and conditions under which one party, known as the service provider, agrees to provide specific services to another party, referred to as the client or customer. This type of agreement defines the nature, scope, duration, and cost of the …
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Joint Venture Agreement A Joint Venture Agreement is a contractual arrangement between two or more entities, usually businesses, to collaborate on a specific project or business activity. The parties involved agree to pool their resources, such as capital, technology, skills, and expertise, for the mutual benefit of all participants. The joint venture contract defines the …
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A business contract and agreement is a legally binding agreement between two or more parties that outlines the terms and conditions of a business relationship or transaction. It provides a formal understanding of mutual responsibilities and expectations, providing a framework to ensure all parties fulfill their obligations. Whether establishing partnerships, hiring talent, procuring services, or …
Contracts and Agreements for Business Operations Read More »
Taxation can be a challenging task for both individuals and businesses. With regulations and tax credits constantly changing, it’s important to stay informed. For Ontario residents, taking advantage of deductions and credits may lead to significant financial savings and efficient tax planning. This article will provide you with 11 strategies to maximize your tax deductions …
11 Methods to Maximize Your Tax Deductions in Ontario for 2023 Read More »
Ontario has witnessed a significant rise in condominium developments over the past decade due to the growing population. When purchasing a condominium, obtaining the status certificate is a crucial step in the entire process. As a unit owner, you have a stake in the property’s common elements, which implies that you share the assets and …
Status Certificate Review: Importance with Examples Read More »
Corporations can issue various shares to meet their capital structure and governance needs in Ontario. Understanding these different share types is beneficial for both business owners and investors. This article will explore some types of shares that can be issued under Ontario’s corporate governance framework, as regulated by the Business Corporations Act (Ontario), and discuss …
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Insight Law Professional Corporation is a Law Firm situated in the heart of Midtown Toronto. We specialize in Real Estate Law, Business and Commercial Law, Wills & Estates, as well as offering Notary Public & Commissioner of Oaths services. Our team is fluent in English, French, and Turkish.
