Kormans Legal Blog

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  • Let us explore one of the most common forms of property ownership in Ontario real estate law: Joint Tenancy. This form of property ownership carries a significant legal feature known as the right of survivorship through which upon the death of one joint tenant, their interest in the property automatically transfers to t...
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  • In an ever-changing lending market, especially for residential mortgages at this time, it very important to discuss certain points with your mortgage broker and/or mortgage lender prior to signing a mortgage commitment so that you put yourself at an advantage as much as possible during the term of your mortgage loa...
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  • As lawyers we are part of the estate planning process that assists in securing the financial future of clients and their relatives with disabilities while ensuring their eligibility for provincial government benefits. A Henson Trust is a specialized trust designed to provide financial security for individuals with...
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  • Homeowner Protection Act, 2024
    • Created by Kormans LLP

    Homeowner Protection Act, 2024 (HPA) came into force in Ontario on June 6, 2024. This legislation aims to enhance the protection of homeowners and buyers. In particular the HPA is expected to be beneficial for vulnerable segments of the population such as seniors, who now have some legislative protection against predatory ...
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  • As wills/estates lawyers practicing in Ontario, we understand the evolving needs of our clients and the importance of cultural competence in meeting those needs. Estate planning, especially testamentary disposition, goes beyond mere legal documentation; it encapsulates an individual's foresight, decision-making, and dire...
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