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#217260 - 04/04/08 01:08 PM Divorce & Real Estate
SuzyQ Offline
Junior Member

Registered: 04/01/08
Posts: 4
Loc: Ontario, Canada
Does anyone know any good canadian sites that give info on how divorce affects your home, taxes, mortgage, etc. ?

I'm interested in learning more, maybe even becoming a specialist, since divorce is so common in society today.

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#217353 - 04/04/08 06:19 PM Re: Divorce & Real Estate [Re: SuzyQ]
Devil's Advocate Offline
Member

Registered: 01/03/05
Posts: 259
Loc: Ontario, Canada
SuzyQ: You may wish to consider the following:

You should be versed on law relating to the Divorce Act, the Family Law Act and Child Custody law.

There in considerable potentional for risk and liability in using bits of information obtained from websites, instead you might consider starting your own reference library of law books and study the printed word (black letter law) on the related issues.

I would also suggest that you do not offer what may be deemed in some circles, to be legal advice, but you may offer to research a particular issue for educational purposes and prepare report on what the law (as published) says in relation the issue in question.

Document all your "Educational Reports" which contains a footnote related to your source of information and a disclaimer (see Important Notice,below)

Further, you are only entitled to provide services that are within the scope of your (proven) training,knowledge,experience and ability.
In addition to the aforemention, you must make full and timely disclosure to your broker and obtain his/her express consent, as the brokerage firm may be at some point, be subject to litigation and may be held liable for any errors and/or omissions and misrepresentations concerning your abilities.

Important Notice: This information is provided as basic educational information by the author and is not a substitute for the advice of an expert and/or the advice of a lawyer. There is NO representation as to legality, accuracy, correctness of the herein information and the reader is strongly urged to consult a lawyer in the relevant jurisdiction to ensure accuracy before acting on this information.

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#256167 - 10/22/08 05:04 PM Re: Divorce & Real Estate [Re: Devil's Advocate]
damsandy Offline
Member

Registered: 10/21/08
Posts: 10
Loc: ny
Dispostion of the family home frequently causes problems in a divorce. Custodial parents may want to hang onto the home for the sake of the children. Perhaps one or both spouses can't afford to purchase a similar replacement home. Much depends upon the amount of equity in the home and the ability of each spouse to keep it.

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