Toronto Foreclosure Lawyer, Ontario

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Jonathan Kleiman
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Law Offices of Jonathan Kleiman
1235 Bay Street Suite 700 Toronto, ON M5R3K4» view map
Business Law
Toronto Business Lawyer

Let the Law Offices of Jonathan Kleiman handle all your Business legal needs today!

855-416-0416
1. Jonathan Kleiman Toronto, ON
  Attorney at Law, ON
  Queen's University, J.D. 2009
2. AboutLaw Offices of Jonathan Kleiman
  Toronto Business Lawyer
3. Practice AreasExpertise
  Business Law
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800-923-0641

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LEGAL TERMS

LANDLORD

The owner of any real estate, such as a house, apartment building or land, that is leased or rented to another person, called the tenant.

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

Toronto Foreclosure Lawyer, Ontario

Sponsored Law Firm

Law Offices of Jonathan Kleiman

SPONSORED LAWYERS

Matthew Adam Friedberg

John Edward Charles Hyde

Leanne Townsend

Jeffrey Avrum Perlmutter

Jonathan Kleiman

Michael Nelson Freeman

Harrison Simon Jordan

Nasif Abdullah

Peter Cho

Megan Michelle Johnston

TIPS

LEGAL TERMS

LANDLORD

TENANCY IN COMMON

DOWN PAYMENT

BALLOON PAYMENT

LEASE

MORTGAGE

FINDER'S FEE

CO-TENANTS

FORECLOSURE

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