Ontario
July 2010 Ontario Real Estate Market Update
With the HST here we can expect a summer lull in the real estate market in Ontario, Canada. It is now a buyers’ market with a large inventory of property on the market and not many buyers out there this summer. The market has recovered from the recession for a number of reasons and should be positive through 2011 but we saw the hot market cool to a degree in late spring and we do not presently see many transactions coming in with summer closings. The HST has made the market nervous. It has also added $3200 in new Ontario tax to the average real estate commission on a $400,000 home and raised lawyer bills by 8% too. The banks have raised long term interest rates but dropped them slightly just before the Victoria Day weekend with the Bank of Canada making a slight increase to short term rates on June 1. World economic conditions are changing due to a crisis in Europe and new restraint in China’s rapidly growing economy. Despite recent speculation we predict interest rates will not rise more than 2% in 2010 and 2011 and so a variable rate mortgage is a good idea due to the spread between the current low variable rate and the 5 year rate. With June over sellers will no longer have the advantage and prices will stabilize. Buyers need to use caution, think ahead and avoid overpaying. Consider whether you will be able to afford a mortgage renewal if rates go up. Look at oil prices (if high the Canadian dollar will rise) and look to the US dollar for key signals on interest rates. The higher the Canadian dollar is, in comparison to the US dollar, the more likely Canadian interest rates will stay fairly low. US interest rates are not going to rise and oil prices are likely to continue their upward trend over the next several months. You need to decide whether you can handle the risk of future interest rate increases with the variable rate mortgage. We provide reliable real estate legal services including personalized advice at a reasonable price.
Asbestos Mesothelioma Injury Claim Lawyer Canada
Murray Miskin is a lawyer in Ontario who first worked on asbestos claims in 1979 and is now getting compensation for people all over Canada for Mesothelioma and other asbestos illness. Compensation comes from a number of different American trust funds set up when asbestos manufacturers were put out of business due to a large number of serious claims. The work done by the Miskin Law Firm regarding Mesothelioma and other cancers and asbestos illnesses is done on a contingency fee basis. You will not pay any legal costs except from compensation you actually receive through our work on your behalf. Contact miskinlaw@yahoo.com or call our office toll free at 1-877-428-8000. We do work with Workers Compensation Boards as necessary to protect our clients’ interests. With a clear diagnosis we can guarantee compensation for persons who are not eligible for Workers Compensation benefits. This includes family members of workers who may have been exposed to asbestos when an asbestos worker brings it home as dust in clothing or otherwise. In some cases you can receive both compensation from the asbestos trusts and from Workers Compensation but in some Provinces and situations Workers Compensation takes away your right to claim other compensation. Email miskinlaw@yahoo.com and we will get back to you quickly.
Why you need a Will and Power of Attorney prepared by a lawyer
Our office prepares reasonably priced Wills and Powers of Attorney for clients in Ontario, Canada. These are essential documents which should be prepared by an experienced lawyer and not from a “do it yourself” kit. We have two meetings with a lawyer and each client. The first one is to review their legal capacity to make a will, discuss their needs and take instructions. The second meeting is for review of the document and signing it properly to meet legal requirements. In our view it is not sufficient to meet with a member of the lawyer’s staff to give will instructions and we insist on a detailed meeting with the lawyer. Make sure your will is valid and does what you want it to do. Call to arrange an appointment. We also mediate and arbitrate estate disputes to prevent families from the pain of years in court fighting each other. If you need a lawyer for an estate dispute we will refer you elsewhere.
Civil Litigation is what we do
Miskin Law Office is known for representing people in civil courts where claims are made for money. Murray Miskin has been a civil litigation lawyer for 30 years. For personal injury claims we work on a contingency fee basis so you do not pay until and unless we get results. We do not practice criminal or family law. A first consultation with us is always free. Contact the Miskin law office to find out if you have a case and get the information you need in order to decide what to do.
DECISION 2010: Canadian Vioxx Claims
The anti-inflammatory drug Vioxx was recalled over five and a half years ago September 30, 2004 after evidence came out that it causes stroke and heart attacks. Since then the Miskin law firm has represented individual Vioxx users hurt by that drug and their family members who are making claims. In the USA a settlement is being implemented and Merck recently paid the final installment of settlement money as US claims are processed. Meanwhile Merck still fights class action lawsuits in Canadian courts and has not yet paid any claims outside of the United States. In 2010 the fight to get Canadians compensation has finally moved to the next stage with certification finalized and directions for the class action coming now through the Ontario Court. Vioxx claimants across Canada (except for Saskatchewan and Quebec) had a decision to make with a June 30, 2010 deadline on whether to claim through the class action or opt out of it. We are now representing clients inside and outside of the class action. If you have a serious heart attack or stroke injury following use of Vioxx and do not have a lawyer contact miskinlaw@yahoo.com. We are representing claimants both inside and outside of the class action.
Ontario Arbitrator Training Course
Murray Miskin has been the principal trainer of non-labour arbitrators in Ontario, Canada since 1985. He teaches a 40 hour course certified by the ADR Institute of Ontario which has been the standard for qualification of arbitrators in this province. The course is usually taught with week night evening classes in Toronto. The last course [...]
Personal Injury and Insurance Claims
The Miskin law firm is highly experienced and capable in handling accident claims by bringing insurance claims and getting compensation for injury victims with work done on a contingency fee basis. There is major compensation available in no fault benefits and also in claims against the insurers of at fault drivers for “catastrophic” and “serious and permanent” car accident injuries in Ontario. We discourage motorists from trying to save money by reducing or accepting a reduction of their benefit coverage.
Law Times Quotes Miskin on Real Estate
The Law Times newspaper interviewed Murray Miskin for its November 2, 2010 issue on his projections for the Ontario real estate market and the competition for legal work. In that interview it was announced that Miskin Law Offices will give consumers a break on the extra tax for deals brought to us with later closings where the HST may be applicable.
Real Estate terms and their meanings
This home buyers guide to real estate terms was prepared by Ontario Law Society’s title insurer Title Plus. The following definitions are not legal definitions, they are provided to enhance your understanding of what may be involved in your home purchase.
Agreement of Purchase and Sale (APS)
The APS is a legal agreement that offers a certain [...]
Check out our About Us Page
The lawyers of Miskin Professional Corporation are Murray H Miskin and Michelle E Brown. We have other lawyers who work in other jurisdictions in association with us or on the premises of our offices covering a wide range of areas of legal practice.
Asbestos Lawyer Canada | Ontario Personal Injury Lawyer | Ontario Real Estate Lawyer
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