The topic of Dower and Dower rights commonly arises in real estate property transactions. Quite simply, a Dower right is a married person’s right to occupy the dwelling where they and their spouse live, and which is owned solely in the name of their spouse.
The rumours are true; the dreaded stress test is being amended!
IN MAY OF 2018, policy makers instituted the Stress Test for mortgage qualifying with the intention to ensure that homeowners would be able to keep up with increased payments, as interest rates increased.
Considering Selling Your Family Farm?
Four Questions To Ask Yourself That Can Get You Started Choosing to sell a family farm or even a portion of the current land base can be a difficult decision because family land legacies can be hard to leave behind.