Contracts Blog | De Krupe Law

29 February

Sticky

Why Safe Deposit Box Is Essential?

in Blog, Contracts, Family Law, Real Estate, Wills

Often placed within the fortified walls of banks or special secure facilities, these boxes offer people a safe place to store important documents and valuables. The main feature of a safe deposit box lies in its simplicity. A physical lock and key shielding one's possessions from theft, loss, or damage. Yet, despite this simplicity, choosing the right safe requires an understanding of various factors such as size, ease of access, cost and level of protection. Locking Your Doors at Night Isn't A Last Resort Safe deposit boxes offer a high-security option for storing valuables. Banks provide these secure containers within their vaults. The...

09 February

0 Comments

Sticky

Marriage Contract Ontario

Posted by Daniel Simard

in Blog, Contracts, Family Law

Understanding the legalities of a marriage contract ontario is crucial for couples seeking to define their financial rights and responsibilities before or after tying the knot. A marriage contract in Ontario provides clarity and peace of mind by outlining asset division and support obligations should the relationship dissolve. These agreements require careful consideration, precise drafting, and adherence to legal standards to ensure they are enforceable. By prioritizing clear communication and mutual understanding within this framework, partners can establish a solid foundation for their marital future. Legal Framework and Family Law Act Overview The Family Law Act in Ontario governs the legal aspects of...

13 August

0 Comments

Sticky

Statute of Frauds

Posted by DeKrupe

in Contracts

What Is the Statute of Frauds? If you're buying, selling, or leasing real estate in Toronto, there's one important legal rule you should be aware of: the Statute of Frauds. This law helps protect everyone involved in real estate transactions by making sure agreements are properly documented. The Statute of Frauds was enacted in 1677 in England and was adopted in Canada and the United States. It is still part of our law in most Canadian provinces, except for British Columbia, Quebec, and Manitoba. Types of Contracts It states that certain types of contracts must be in writing and signed by the parties to...