Agency and the Principle of AccountingThis looks to be the first indication of the principle of accounting in agency laws:101. If there are no mercantile arrangements in the place whither he went, he shall leave the entire amount of money which he received with the broker to give to the merchant....

10/01/2017

Mortgages and Charges in Ontario

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Mortgages and ChargesFor as long as there was the individual ownership of property, there were people who couldn’t afford it.Basically, that meant that someone else had to lend money to the Buyer to enable the purchase.Mortgages have two components:1) Promissory note, and2) Security in the ...

10/01/2017

Registry and Land Titles in Ontario

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Registry and Land TitlesThere are two separate and distinct land registration systems in Ontario: Registry and Land Titles.The Registry system is the older of the two and traces its origins to the Statute of Enrolments of 1535 in England.The transfer of property prior to that time had largely bee...

10/01/2017