Last month, Justice Minister Sean Fraser stood accused by a Bloc Québécois MP of wanting to rewrite the Constitution. "On the ...
The non-compete clause is a clause inserted by your employer into your employment contract. It is intended to limit your freedom to exercise, after the termination of your contract, equivalent ...
When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...
A defeasance clause in real estate is a provision in loan agreements that defines how a borrower can satisfy the lender's requirements in order to release their lien on the property. This clause can ...
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What Is a Coinsurance Clause in Business Insurance?
You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...
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What Is an Acceleration Clause in a Mortgage?
An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This ...
A clause of dedit-formation is a contractual clause in which the employee undertakes to reimburse the training costs if he resigns before a certain period. The clause governs the period after training ...
The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...
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