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Ricketts Harris LLP… assisting REIN members with their real estate investments.

Successful investors need to create successful teams.  Start building your investments on a firm footing — with professional legal advice and services provided by Ricketts Harris LLP:

Purchase of Residential Properties: A competent and knowledgeable real estate solicitor is essential to protect your interests when purchasing a residential rental property.

Purchase of Commercial Properties: Commercial purchases give rise to a number of issues not encountered with the purchase of a residential property.  It is important that you have a legal professional able to recognize these issues and deal with them accordingly.

Mortgages:  We can assist and advise you on mortgaging your investment properties.   We are also able to act for private lenders who wish to secure their investment against real estate, or those who need to enforce their mortgage security after a default has occurred.

Review or Preparation of Agreement of Purchase and Sale: It is always advisable to have your legal professional review any Agreement of Purchase and Sale before you sign. These Agreements are usually the largest and most important contracts a person will sign.  Situations may occur when no realtor is involved in your deal.  We can review or prepare Agreements of Purchase and Sale to safeguard your interests.

Preparation of Leases: Whether simple residential or complicated high-value commercial leases, we can assist you in negotiating and preparing the lease which best suits your investment situation.

Extra-Provincial Licences: Any company which is not an Ontario or federal corporation must be registered in Ontario to buy Ontario real estate. We can assist with your licence application.

Condominium Conversions: Converting your rental property to condominium status is an excellent way to maximize the value of your real estate investments.   We have assisted many investors through their conversion projects start to finish.

Incorporation: Corporations are an important vehicle through which to invest.  We can discuss your investing needs and determine which corporate structure (if any) is most appropriate for your needs, from a one-person company through to complex multi-shareholder corporations.

Joint Venture, Partnership and Shareholder Agreements: Often litigation arises as a result of business partners failing to document their relationship properly.  Whether you are joint venturers, true partners or co-owners of a corporation, we can ensure that the roles of all parties are carefully set out and agreed upon before you invest.

Commercial Litigation:  Sometimes deals fail or partners fall out.  We have a wealth of experience representing clients in civil court.

Estate Planning: A death may trigger unintended tax consequences and/or give rise to ownership disputes never contemplated by an investor or his partners.  We can review your situation and advise how best to structure your estate to avoid these all too common problems.

Family Law Considerations: Often overlooked, the Family Law Act can have important and unexpected consequences with respect to your real estate investments. We can assist you and your investment partners to structure your investments and provide maximum certainty and protection.