by Cain Daniel | Jun 3, 2020 | Life Insurance Licensing in Canada, Mortgage Brokering, REMIC Blog
What is a life lease? Simply stated, purchasing a life lease gives the holder of that lease the right to a property as long as it is in effect, which is typically for the life of the holder. Normally a life lease has eligibility requirements, such as:...
by Cain Daniel | May 27, 2020 | Mortgage Brokering, REMIC Blog
Environmental Site Assessments (ESA) The Environmental Site Assessment (ESA) has become a standard tool for the protection of property investors, owners, and managers, from environmental liability. It is particularly useful prior to a financial transaction...
by Cain Daniel | Nov 15, 2017 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Expropriation According to section 1 of the Expropriations Act, expropriation means “the taking of land without the consent of the owner by an expropriating authority in the exercise of its statutory powers”[i]. Considering that land ownership is a...
by Cain Daniel | Sep 4, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Here are some Do’s and Don’ts for advertising your mortgage business When a brokerage is developing policies and procedures that ensure its public relations materials are compliant, it may wish to include some of the following advertising tips from the Competition...
by Cain Daniel | Sep 2, 2015 | Mortgage Brokering, REMIC Blog
Why People Do Bad Things… like commit fraud Traditionally, when we think about bad behavior, fraud for example, we think about character. But psychologists who study bad behavior — who study, say, fraud in the business world — have found that that character doesn’t...
by Cain Daniel | Jul 10, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
5 Defects to Avoid in a Contract A contractual defect is a significant flaw in a contract that affects the intention to create a legal relationship, causing the contract to be void or voidable. This type of defect can be caused by:• Misrepresentation• Duress• Undue...