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Dec 03, 2021

Asset Protection in Family Wills

How can you make provision for:

• A minor child who cannot legally own property?
• A child with diminished capacity?
• A prodigal child who may squander an inheritance?
• A family member with a substance dependency or serving a prison term or being unduly influenced by another person?

We’ll show you in detail exactly how to go about it!

Continue reading "Asset Protection in Family Wills"

Dec 01, 2021

Simple Rental Agreement

You've asked for it, so here it is!

We've received many requests for a simple, one page, weekly or month to month rental agreement.

We've compiled a free rental agreement that captures the details of the landlord, tenant and premises and outlines the basic terms and conditions typically found on rental or lease agreements.

The template is a basis to work from, where you can add specific clauses to suit your property or requirements.

Continue reading "Simple Rental Agreement"

Nov 29, 2021

Real Estate Power of Attorney

If you cannot personally attend to your real estate interests, you can empower an Agent to act on your behalf

It can be drafted to deal with the buying or selling of a specific property.
Note!

Or your document can authorize your agent to act on your behalf in the ongoing management of your rental properties.

Continue reading "Real Estate Power of Attorney"

Nov 26, 2021

Boat Installment Sale Agreement

You may be selling your boat on an installment payment basis over a period of time.

Over and above the standard clauses found in a boat bill of sale, you also need to address:

• Interest charges on unpaid balances
• Late payment fees
• Recording a security interest on the title of the boat
• Transfer of ownership
• Collection fees
  Etc.

Our free boat bill of sale makes provision for all of these.

Continue reading "Boat Installment Sale Agreement"

Nov 24, 2021

Are Your Company Secrets Safe?

Every company has proprietary and confidential information that they would not want to become publicly known.

It's not too hard keeping it safe from outsiders but what about employees who have insider knowledge?

Our free non-disclosure agreement helps to formalize the obligations of the employee to keep such information confidential.

Continue reading "Are Your Company Secrets Safe?"

Nov 22, 2021

Pet Information Sheet for Pet Sitters

All the information at your fingertips!

This form will come in handy should you ever need to leave your beloved pets in the care of someone else, whether it is a neighbor, family member or friend.

If you provide a professional service such as pet sitting or dog walking, it is imperative for you to have the relevant information.

We also supply free contract templates for these services.

Continue reading "Pet Information Sheet for Pet Sitters"

Nov 19, 2021

Are You an Independent Contractor or an Employee?

There are some financial benefits to both employer and contractor to have the service provider classified as an independent provider.

For this very reason, the Revenue Services has strict guidelines to prevent misuse of this status.

It all comes down to who is in control of:

• Where, when and how the work will be performed
• Earnings, expenses, deductions such as taxes, unemployment insurance, pension contributions etc.
• For whom work may be performed
  
  etc.

No single factor will determine the status, but when reviewed it will become clear whether the balance shifts to that of an independent contractor or not.

Continue reading "Are You an Independent Contractor or an Employee?"

Nov 17, 2021

Boat Bill of Sale - Free Legal Form

There are two very important reasons for recording your transaction in writing!

• You may be liable for taxes and therefore need proof of the price paid.
• You need to know exactly what the terms and conditions are insofar as the buyer and seller are concerned.

We've also added two optional clauses: making provision for a holding deposit and addressing the issue of any repairs that need to be done.

Continue reading "Boat Bill of Sale - Free Legal Form"

Nov 16, 2021

Eviction Notice to Quit

Regardless of the transgression or breach, it is a legal requirement to inform the tenant of your intention to evict and spell out the tenant's options to either remedy or vacate the premises voluntarily.

In many instances the mere act of issuing an eviction notice may be enough to get the tenant to remedy the situation.

For more serious offences such as criminal activity or the tenant being a danger to others, the only option given may be to vacate the property.

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Nov 15, 2021

Proxy Form - When and How to Use It

A simple proxy is perhaps the most often used Power of Attorney.

A person can be appointed to attend meetings (or just one specific meeting) and can vote either as he/she sees fit, or according to the instructions of the person issuing the proxy.

As landlords we've often given a tenant in good standing a proxy, because such a person has first-hand knowledge of that particular housing estate.

Continue reading "Proxy Form - When and How to Use It"

Nov 12, 2021

Power of Attorney for Managing Your Real Estate

This free power of attorney form is geared towards appointing an Agent to manage your real estate on an ongoing basis.

It does NOT empower your Agent to buy or sell properties and it does not give the broad powers as in a general power of attorney.

However, it dovetails perfectly with our Property Management Contract:

• The management contract spells out the payment terms, obligations, warranties etc. which are not normally catered for in a Power of Attorney
• You can revoke the power of attorney at any time and without having to give a reason.

Continue reading "Power of Attorney for Managing Your Real Estate"

Nov 10, 2021

Landlord Tenant Law

Many governments see landlords as partners in providing housing!

They actively assist landlords with legal guidelines and forms to manage their property portfolios and tenants.

There are answers to many frequently asked questions about obligations, evictions, rental increases and the rights of both parties.

We've compiled an easy reference to help you with landlord rights in your specific area:

Continue reading "Landlord Tenant Law"

Nov 10, 2021

Property Management Contract

A property management contract needs to detail the specific duties and obligations of both Landlord and Manager, how much the fees will be and when and how payments will be done.

There must also be clarity on how repairs and maintenance will be paid for and whether the Landlord wishes to put a limit on expenses.

A very important clause to consider is the limitation of liability and the Landlord’s obligation to have adequate insurance in place.

Work through our legal guidelines and edit our free property management contract to suit your requirements.

Continue reading "Property Management Contract"

Nov 08, 2021

What Can Make a Will Invalid?

There are some obvious requirements to render a will legal, such as having the correct signatures in place, having made it without undue influence and for the testator being of sound mind.

But there may be provisions in the will that could render the will invalid, such as:

• The will is made subject to a condition which cannot be fulfilled i.e. impossible to execute;
• The testator's marital status changed but the will was not changed to reflect this;
• A child was born or adopted after the will was made but no new will was made to mention the child,
  etc.

We take a look at the above instances and also provide information on when a person can be disqualified from inheriting.

Continue reading "What Can Make a Will Invalid?"

Nov 05, 2021

Commission Agreement for Sourcing Tenants

Our finder's fee / commission agreement is tailored for those instances where the Agent will only source a suitable tenant, without contracting to the whole range of property management services.

There are a few key points to clarify:

• Who has the final say whether a rental candidate is acceptable - landlord or agent?
• Should an agent be given sole mandate to market the property?
• Will there be another fee due should the tenant renew the lease?
• Who pays the agent's fee - landlord or tenant?
  and many more...

There are definite advantages to using a rental broker or agent. It's all covered in our article.

Continue reading "Commission Agreement for Sourcing Tenants"