Vettyvel Law Professional Corporation

Take control of your legacy - we’re here to help you create a will that reflects your wishes. Contact us today at [email protected]

The Bank of Canada has lowered its benchmark interest rate by 25 bps to 4.50%.

This decrease will impact variance rate products like variable rate mortgages and lines of credit.

The next rate announcement is scheduled for Wednesday, September 4, 2024.

Our legal team is here to help navigate these changes with expert advice and support.

Contact us at [email protected]

The Bank of Canada has lowered its benchmark interest rate by 25 bps to 4.75%. This is the Bank's first rate cut since March 2020.

This decrease will impact variable rate products like variable rate mortgages and lines of credit.

Our legal team is here to help you navigate these changes with expert advice and support.

Contact us at [email protected]

Joint tenancy is where two or more people own a property together, jointly and equally. The key principle of a Joint Tenancy is the right of survivorship which means that in the event of a death, the property can easily be transferred to the surviving owner. However, there are certain exceptions to this rule, particularly when a spouse owns the property with someone other than their spouse and it is their matrimonial home.

For more information, please contact us at [email protected]

We always appreciate feedback from our clients. Thank you Farah for your review!

Happy Holidays! Warmest wishes to you and your family during this holiday season!

At Vettyvel Law we take pride in providing excellent service to our clients.

Contact us today at [email protected]

Have you recently reached a significant life milestone - such as getting married, welcoming a new member to your family, buying your dream home, or embarking on a new adventure? Let us guide you through the process of creating your first will or updating your existing one to reflect these exciting changes.

Contact us today at [email protected] about creating or updating your will.

We have some exciting news to share! Our law firm is expanding, and as of Monday we will be in a new, larger office space to accommodate our growth. We're thrilled to be taking this step forward to better serve our clients and community.

Thank you for your continued trust and support. We can't wait to welcome you to our new, expanded office!

New Location: 2225 Markham Road, Unit 203, Toronto, ON, M1B 2W4

Attention new home buyers! Did you just purchase a new home directly from a builder?

Make sure you have an experienced real estate law firm review the agreement before signing on the dotted line. Our firm specializes in reviewing new home agreements and can help ensure your legal rights are protected.

Contact us today at [email protected] to learn more about our services and how we can assist you in your home buying journey.

Whether you are buying, selling or refinancing your home, Vettyvel Law has the experience and knowledge to handle all of your real estate law needs. Contact us at [email protected]

Need a document notarized? Contact us for your inquiries at [email protected]

Protecting your family's future should always be a top priority, even during March Break! Whether you're skiing in the mountains or lounging on a beach, take the time to ensure that your loved ones are taken care of by completing your Wills & Power of Attorney's.

Contact us today at [email protected] to learn more about how we can help you safeguard your family's legacy and enjoy your time together with peace of mind.

Happy International Women's Day! We are proud to be woman owned and fortunate to have a full staff of amazing women at Vettyvel Law.

Buyers often find themselves confused about what additional costs or fees they may incur when closing a pre-construction property. By working with an experienced Real Estate Lawyer to set reasonable limits on charges when you first purchase a pre-construction property, buyers can feel more confident and secure as they move forward with their property purchase.

If you have recently signed a New Home Agreement of Purchase and Sale, you can contact [email protected] to have it reviewed.

We hope you have a wonderful day with your families!

Provided that an Assignment clause is contained in your Agreement of Purchase and Sale, you are allowed to Assign your property, if you wish to do so. Although it is more common for pre-construction properties, you can assign both a pre-construction as well as a resale property.

Contact us today at [email protected] if you have any questions on the legal process of an assignment closing.

Happy New Year!

Wishing everyone a safe and joyful holiday season!

On behalf of the Vettyvel Law Team, we would like to extend a huge congratulations to all the award winners at the Homelife/Future Realty 20th Annual Awards Night Celebration. It was great to see so many agents break their own records! We wish you nothing but more success in the years to come and a special thank you to all the Realtors who have been supporting our firm over the years! HomeLife Future Realty

Law Society update - Reinstated requirements for virtual verification of client identity as of January 1st, 2023

The Law Society is ending a COVID-19 pandemic emergency measure that allowed virtual verification of client identification without authentication. As of January 1, 2023, licensees will be required to verify client identity in-person using the government identification method that was in place prior to the pandemic, or methods that do not require that they be in the presence of the client, including virtual verification with authentication.

This change realigns virtual verification requirements with the requirements detailed in Part III of By-law 7.1.

The By-law provides two methods of verification that do not require licensees to meet in-person with clients — the credit file method and the dual process method. Licensees may also continue to use an agent to verify an individual’s identity.

Additional information about virtual verification of identity is available on LSO.ca.

As of October 25th, 2022, the Non-Resident Speculation Tax (NRST) has increased to 25%. The NRST applies in addition to the general Land Transfer Tax.

https://www.ontario.ca/document/land-transfer-tax/non-resident-speculation-tax?fbclid=IwAR3OncWdKicAgSXrmLC5uL3Z68Sv4oJch_1JHDrhORtO7j5cWBNGpTHFQq4

Non-Resident Speculation Tax | Land Transfer Tax Learning about Land Transfer Tax and Non-Resident Speculation Tax. This online book has multiple pages. Please click on the Table of Contents link above for additional information related to this topic.

At Vettyvel Law, our lawyer Rishani is a Notary Public. This means we can notarize paperwork such as affidavits, travel letters, certified true copies of original documentation and much more.

Contact us today at [email protected] for pricing and more information.

Thank you to our happy client for the gift baskets. They were thoughtful enough to also give gift baskets to the two staff members who assisted me on the file!