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Showing posts from September, 2022

How do you become a successful Commercial lawyer

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In Canada, there are several paths that one can take to become a commercial lawyer in Calgary . One is to go law school there, graduate, and then concentrate on business law. Another option is to obtain your legal credentials in the United States, relocate to Canada, and become admitted to practice law there. A commercial lawyer may work as an in-house legal counsel for an employer or for a firm that specializes in corporation law. Take the LSAT after you graduate from college to be eligible for Canadian law schools. Once you have graduated, you should wait before taking the bar exam.   What should commercial lawyers do? Commercial lawyer in Calgary needs to be familiar with all areas of company transactions. They must comprehend accounting, financial catastrophe, licensing, tax regulation, and other related topics. Commercial regulation refers to the legal framework, regulations, and procedures that govern the establishment and operation of an employer. A lawyer in Calgary ...

Why do you need a co-ownership agreement in real-estate

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  Co-ownership agreement why do I need it? The co-ownership agreement determines the relationship with co-partners related to their co-ownership of a property. It involves things like ownership interests, maintenance of the property, financing, responsibilities, and each other's rights. For detailed information contact lawyers in Calgary . These co-ownership agreements are required while buying a property after the deal. Co-ownership agreements are required during the following times; While buying a property with friends or spouse. While buying a property with other people for investment purposes. During refinancing divide the mortgage between various people. Co-ownership agreements involve the following provisions; The title will be taken as tenants in common or joint tenants. The person who will reside will be mentioned ( whether temporarily or on a full-time basis). It will include the manner of rent distribution between the co-owners case they give it on rent. The Responsibil...

When you buy property with someone other than your spouse

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  Things to consider when you buy property with others  When you buy a property with someone other than your spouse, or partner don't forget to consider all the facets. Buying a new property on your own can be difficult which is why most owners look for alternative ways to buy property. One of these ways is to consider buying a property with your spouse or friend. Buying property with your friend can be both beneficial and risky. You should consider both aspects. We have enlisted a few things that you should consider before making a deal. You can also ask our expert lawyers in Calgary they will guide you in the right way. What things you should consider  First of all, you should choose a reliable partner.  Choose a trustworthy person who you can trust and he should be financially capable of repaying the share of the loan. Secondly, you should have a co-ownership agreement in place. The agreement paper includes things such as how long you intend to keep the property,...