What does Perfecting a Builders Lien Mean?

What does Perfecting a Builders Lien Mean?

In Nova Scotia, a builder’s lien that is registered against a property only stays valid for 105 days past the last day of work done on the property unless the lien is “perfected”. “Perfection” in the context of a builder’s lien means that the person who holds the lien formalizes their claim by starting a lawsuit in the Supreme Court of Nova Scotia. If no lawsuit is started within the required time, the lien becomes completely invalid.

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When Can I Sue In Small Claims Court in Nova Scotia?

When Can I Sue In Small Claims Court in Nova Scotia?

If you are having an issue and you would like to go to court but the idea of an expensive legal battle that drags out for years is not something you are interested in you might want to consider Small Claims Court in Nova Scotia. Small Claims Court is designed for matters that are for smaller amounts of money and can be decided without years worth of evidence. However, there are limits to the matters you can take to Small Claims Court.

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What Happens After I Lose a Lawsuit?

What Happens After I Lose a Lawsuit?

If you participate in a lawsuit and lose, the judge will issue an order against you. The order will outline the details of his decision, specifically the details of what you are legally obligated to do. In many cases this involves paying somebody a certain amount of money. At this point you can simply choose to pay the amount the judge has ordered you to. However, for a lot of people this is not a realistic option.

 

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Selling & Showing Your Home With Pets

Selling & Showing Your Home With Pets

Keeping you home in tip top shape in order to show it can be a task. Particularly when you have pets in your home, but it can make a bad impression if you don't. Here are some things you should think about when your selling with pets:

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Buying a Condo in Nova Scotia? Here's why you need an estoppel certificate.

Buying a Condo in Nova Scotia? Here's why you need an estoppel certificate.

When you are buying a home in Nova Scotia there are a lot of moving parts to the process. When you are buying a condominium, often you can count on adding a few more. One of the requirements specific to purchasing a condo unit is getting your hands on the estoppel certificate. It’s important to understand why you need one.

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First Time Homebuyers' Rebate - Nova Scotia

First Time Homebuyers' Rebate - Nova Scotia

If you are buying a home for the first time you may qualify for First Time Home Buyers' rebate.

A "first time buyer" is an individual who builds or purchases a newly built home and has not owned or occupied a home in Canada in the last five years.

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Home Appraisal? What's that all about?

Home Appraisal? What's that all about?

There are many reasons home owners require an appraisal, but the most common appraisal requests are for lending purposes. When a financial institution is considering granting a loan to purchase, improve or refinance a property, they need confirmation of the current market value of the property that will be securing their investment. An appraiser is called upon to provide an unbiased opinion of value based on market research and analysis and a review of the subject property.  Appraisals are also commonly sought for real estate transactions, estate planning, separation and divorce settlements and insurance purposes. 

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A Fresh Start Any Time - Now to Organize!

A Fresh Start Any Time - Now to Organize!

A new year is a fresh start in many ways. It is a great time to re-set. Organizing your home can be a great way to do this. Read on to learn a few ways to take advantage of the timing and get organized.

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What Do Happens at my Nova Scotia Corporation's Annual General Meeting

What Do Happens at my Nova Scotia Corporation's Annual General Meeting

Incorporation is only the beginning of the process, corporations in truth require continuous attention. One important order of business a corporation is required to conduct is an Annual General Meeting or an “AGM”. A corporations governing legislation will set out the time frame within which an AGM is required to be held. According to both the Canada Business Corporations Act and the Nova Scotia Companies Act, an AGM is mandated to take place at minimum once a year

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why you should understand & embrace hygge

why you should understand & embrace hygge

Hygge is a word that has been popping up a lot in discussions of home decorating, particularly for the fall and winter. Consider how embracing Hygge when staging your house for sale in the winter can have a positive impact on offers.

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Do Builders' Liens Really Work?

Do Builders' Liens Really Work?

I was asked recently by a contractor if there was really any value in filing a builder’s lien in Nova Scotia. Reading between the lines, I gathered what he was really asking was, is it worth the money in legal fees that it would cost to go through with a builder’s lien process. The answer is, it depends.

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Understanding & Accommodating Mental Illness

Understanding & Accommodating Mental Illness

January 31st has been designated ‘Bell Lets Talk Day’ in an attempt to recognize that we as a society need work on acknowledging mental illness. Mental illness is as real as physical illness. Just like physical illness, mental illness comes in all shapes and sizes and does not discriminate against who it attacks. Statistically, in any given year 1 in 5 people in Canada will personally experience a mental health problem or illness. The Canadian Mental Health Association website shares other startling statistics with respect to how common mental illness is amongst us. Initiatives like ‘Bells Lets Talk Day’ help reduce the stigma and resulting discrimination attached to mental illness. However, the reality is understanding and acceptance of mental illness in our society is not what it should be…. yet.

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Who Should I Choose as My Executor?

Who Should I Choose as My Executor?

In Nova Scotia, your Executor is the person you designate in your Will to be legally responsible for distributing your assets to the beneficiaries you name after you’ve died. They’re also technically responsible for handling your remains. It is a very important role with heavy financial consequences attached to it, as such it is important to select someone who is up to the task.

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Prevent Heartache By Having a Lawyer Review Your Commercial Lease Part II – Leasehold Improvements

Prevent Heartache By Having a Lawyer Review Your Commercial Lease Part II – Leasehold Improvements

Leasehold improvements include anything that needs to be done to the space that you are going to lease in order to make it fit for your purposes. Your lease should outline who is responsible for making the changes, who is paying for the changes, and what the timeline is for getting it done. It should also make clear who is the decision maker with respect to the leasehold improvements. For example, if new flooring is to be laid do you get to decide the specific type or does the landlord.

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What is an Executor and what are their duties and job?

What is an Executor and what are their duties and job?

When a person creates a Will in Nova Scotia the two main functions of the Will are to determine which assets each beneficiary will receive and to appoint the person who is in charge of following the instructions in the Will. The Executor is title given to the person whose job it is to follow the instructions in the Will.

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So What is Incorporation Anyway?

So What is Incorporation Anyway?

The topic comes up all the time. Are you incorporated? Are you going to incorporate? When is the right time to incorporate? But a large number of small business owners don’t know what incorporation actually means, or why they should or shouldn’t incorporate.

 

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What do I have to do to before I draft my Will and Estate Planning Documents?

What do I have to do to before I draft my Will and Estate Planning Documents?

A common question we get when people contact us about starting the process of drafting their Will or estate planning is “What do I have to do before I come in?”  The short answer is nothing.  At our firm, when we help people with their estate planning we don’t require any sort of forms to be filled out in advance, nor do you have to compile a laundry list of bank account numbers or balances

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What is involved in Probate in Nova Scotia?

What is involved in Probate in Nova Scotia?

In Nova Scotia, Probate is required if a person dies without a Will, if the Will is contested, or if there are assets within the estate which require probate (e.g. owning land or registered assets). Put simply, probate is the formal process where the court determines who will administer the estate, who the beneficiaries are, and which assets each beneficiary receives. 

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Who gets it when your gone? Dealing with your home when you pass away.

Who gets it when your gone? Dealing with your home when you pass away.

While it may seem like a morbid topic of conversation, it is an important one to have. What happens to your home when you die? In Nova Scotia, typically, when the first spouse to passes away, the home simply stays with their surviving spouse. This happens because most spouses hold their homes as "joint tenants".  This is only applicable in situations where both spouses are on title to the home, and listed as joint tenants. This designation is listed on the parcel register for your property and you can have a lawyer find this information for you if you are unsure of your current situation.

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