The children have a POA (Power of Attorney for assets) and Mom has been getting really ill lately.
WE MAY need to sell the house.
The owner of a property is very ill and family members have a POA and they go ahead and list it. If the owner passes away prior to the property being sold does anything change with the listing? Does it have to become the Estate of Deceased?
There must be an event (other than procrastination) that triggers the validity of the POA. This creates a medical (MOH) Form 21 Certificate of Incapacity under section 54(4) Signed by the attending physician.
If your parent was to pass away prior to the closing of the sale, the estate trustee, would arrange for a probate certificate.
As always, call an Accredited Senior Agent who has the answers that you need. Always seek a legal opinion for guidance.
David Pylyp
#Bythewater in Etobicoke
Showing posts with label Law. Show all posts
Showing posts with label Law. Show all posts
Tuesday, January 6, 2015
Tuesday, October 16, 2012
How will Condo Investors enforce No Smoking Ban?
You know its coming....
The zeal for a NON smoking society. What was a common and accepted event is now banned at work, restaurants, building entrances, outdoor patios and even soccer fields. Now with new legislation they are proposing banning smoking in all condominium units and duplexes, anything that shares a wall.
All new or existing condominium units or residences with a shared wall, [takes in Townhouses and Semis] Knowing that we are approximately 6 months to a year behind the trends in California, How long will it be that we hear about this legislation in Toronto, Ontario?
Will Toronto Landlords be performing "sniff" testing on prospect tenants?
Will Condo buildings go SMOKE FREE?
Is a Smoker's Condo Evaluated at Less than market? How much?
Have you say....
The zeal for a NON smoking society. What was a common and accepted event is now banned at work, restaurants, building entrances, outdoor patios and even soccer fields. Now with new legislation they are proposing banning smoking in all condominium units and duplexes, anything that shares a wall.
SAN RAFAEL, Calif., Oct 15 (Reuters) - A San Francisco suburb on Monday banned smoking in duplexes, condominiums and other multi-family homes, with city leaders saying they hoped to lead a wave of such regulations across California and ultimately the country.
The City Council in San Rafael, a community of 57,000 people about 15 miles (24 km) north of San Francisco, voted unanimously for the ban, following a handful of other California municipalities that have outlawed smoking in buildings with as few as two units.
"We are happy to blaze a trail," Mayor Gary Phillips said before the vote. "We're most happy to be in the forefront of the issue because we think it will greatly benefit our residents and those visiting San Rafael, and we think it will set the tone for other cities as well."
Tobacco-control experts predicted that the tough smoking ordinance in San Rafael could touch off a larger movement in other states and cities.
"The San Rafael ban is a very significant event because it will spread," said Robert Proctor, a Stanford University history of science professor. "We're on the downslope of a big curve. Smoking peaked in 1981 with 630 billion cigarettes sold in the United States. Now it's down to 350 billion. And that number will keep on going down until smoking is a distant memory."
San Rafael is the state's ninth municipality to completely restrict smoking in multi-unit housing, said Pam Granger, advocacy manager for the American Lung Association in California. Granger said California was the only state where local jurisdictions have banned smoking in homes.
The ordinance has generally been supported by residents who have spoken at city council meetings, although two smokers came out to oppose the ban on Monday evening.
"This proposed smoking ban actually intends to punish people for what they do in their own homes," Thomas Ruppenthal told the council. "I really feel this is tyranny."
The ordinance also would prohibit smoking on San Rafael's downtown streets - the backdrop for parts of the 1973 film "American Graffiti."
California municipalities have used the report to prohibit smoking in apartments and other multi-family homes. In some cases, the laws apply only to new construction or to just a percentage of a housing complex's units.
But the restrictions have become increasingly strict, and San Rafael's ordinance applies to all homes, new or existing and rented or owned, with shared walls. http://www.huffingtonpost.com/2012/10/16/san-rafael-smoking-ban_n_1968990.html
All new or existing condominium units or residences with a shared wall, [takes in Townhouses and Semis] Knowing that we are approximately 6 months to a year behind the trends in California, How long will it be that we hear about this legislation in Toronto, Ontario?
Will Toronto Landlords be performing "sniff" testing on prospect tenants?
Will Condo buildings go SMOKE FREE?
Is a Smoker's Condo Evaluated at Less than market? How much?
Have you say....
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Thursday, May 24, 2012
Divorce Separation - Do you need an Opinion of Value
Do you need an Opinion of Value back to the date of Separation? How has the value changed since you moved out? Is the Property Evaluation for a Divorce? Has the property been secured?
Are you still making payments on the mortgage while "working" things out?
Call me @ 647 218 2414 for a written response within 24 hours in the west Toronto GTA that is comprises Toronto, Etobicoke and Mississauga. or Email David Pylyp
Polite Discreet Efficient Timely
Are you still making payments on the mortgage while "working" things out?
Call me @ 647 218 2414 for a written response within 24 hours in the west Toronto GTA that is comprises Toronto, Etobicoke and Mississauga. or Email David Pylyp
Polite Discreet Efficient Timely
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