June 30th is one of the busiest closing days of the year. It’s the end of the month, the end of the quarter, and many parties are working hard to meet deadlines. On paper, it sounds efficient. In practice, it’s often the opposite.

When co-owning property in Ontario, you can choose between two legal structures: Joint Tenancy and Tenancy in Common.

Understanding the terms of that lease is crucial, but legal jargon and complex clauses can make it overwhelming.

A less common but highly beneficial arrangement for both landlords and tenants is the concept of percentage rent.

Understanding what’s in your lease - and hiring a professional to abstract it - is crucial for your success.