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That the question does not depend on whether the covenant runs with the land is evident from this, that if there was a mere assignment and no covenant, this Court would enforce it against a party purchasing with notice of it; for if an equity is attached to the property by the owner, no one purchasing with notice of that equity can stand in a ...
Then, whilst property is private, in Canada, there isn't a constitutional protection of property right, as the government can force an owner to sell them their land through expropriation, where compensation will be given based on the market value of the land. Then a buyer will often need permission through a municipal planning firm, and could ...
More than one legal owner means the land is deemed to be on trust. This doctrine is designed to bind the parties to act fairly to each other in the eyes of the law of equity. In default of other provision, such as mention of a trust deed, or background facts, the beneficiaries will be deemed to be the trustees (those named on the registered ...
MPAC, formerly known as OPAC (Ontario Property Assessment Corporation), was created on December 31, 1997, as a method to create accurate and equitable assessments across Ontario. MPAC came into existence with the MPAC Act, and it administers the Assessment Act, both part of Ontario provincial legislation.
Beneficial owners hold specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Beneficial owner is subject to a state's statutory laws regulating interest or title transfer. [2] This often relates where the legal title owner has implied trustee duties to the ...
Small business owners who applied for a HELOC or home equity loan were approved 44% of the time, compared to a 38% approval rate for a bank business or personal loan and a 34% approval rate for an ...
The Ontario Landowners Association was founded in December 2005 by delegates from twelve pre-existing landowners groups representing different rural areas of the province. The groups had already been cooperating closely, and for the most part were modeled on the Lanark Landowners Association, which had been conducting demonstrations and other ...
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