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Are you thinking of renting out your cottage?

Thursday Jun 15th, 2017

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If you own a cottage property, you may be thinking of possibly renting it out for a short or long period of time. If this is the case, there are undoubtedly lots of questions floating around in your head. Who should I be looking to rent to? How much should I charge? When should I rent my cottage out? Is it even a good idea to rent my cottage out? Relax! There are answers to all of these questions. Renting out your cottage requires a lot of preparation, but it does not have to be a complete... [read more]

Finding your perfect oasis in Muskoka

Thursday Jun 08th, 2017

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Whether you’re looking for your very first home/cottage or are in the process of either upgrading or downsizing, welcome to Muskoka!  This area, about 1 ½ hours north of Toronto, is your ticket to over 1600 lakes, granite cliffs, pine and maple forests and awe-inspiring waterfalls.  The Muskoka District is made up of several communities, including Huntsville, Gravenhurst, Bracebridge, Muskoka Lakes Township, and Lake of Bays Township. Each has their own individual charm... [read more]

Key Legal Considerations in Purchasing or Using Your Cottage Property

Thursday May 25th, 2017

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The arrival of summertime means it is cottage season. We can all imagine the picturesque cottage with pristine water, crisp air, plenty of sunshine, surrounded by friends and family. Whether you own or dream of owning a cottage, it is important to understand the unique characteristics of owning rural properties. The following are key legal considerations in purchasing or using a rural property such as a cottage: ACCESS RIGHTS: Having a cottage in a remote area or on an island can be... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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