Buying or Selling Real Estate
Buying or selling your home can be an exciting experience but can also be a stressful and overwhelming experience. After all, your home may be the most expensive asset you will ever purchase and your mortgage may be the largest liability you will take on. Dimitry Beluli has been assisting people with purchasing, selling or refinancing their property.
Our goal is not only to close your deal on time, but to give you comfort and understanding in the process. With all the stress involved in your purchase or sale or refinancing, we will help make your legal experience a pleasant one.
Dimitry Beluli can assist you with:
• Buying and selling residential, recreational, investment and commercial properties
• Adding a spouse or child to your title
• Transferring title to a spouse or to children
• Placing a new mortgage and other financing and refinancing matters
• Leasing commercial property (as the landlord or the tenant), including entire building, multiunit and shopping plazas
• Encroachment agreements with neighbors or the municipality
• Easement issues
Commercial Leases
Commercial leases are unlike their residential counterparts, there is much less regulation of the business aspects of those leases. For example, there are no caps on security deposits or rules protecting a tenant’s privacy, or consumer protection rules in respect of a tenant’s default.
Many commercial leases are not based on a standard form or agreement and are drawn up by the Landlord customized for their particular needs and requirements. As a tenant, the lease must be carefully reviewed to understand the extent of your obligations as a tenant as a commercial lease cannot easily be broken or changed. As a landlord, the lease must be accurate and sufficiently detailed as the court may rule than any ambiguity in the lease be read in favour of the tenant.
Whether you are the Landlord or the Tenant, obtaining the advice of experienced legal counsel can be invaluable in these situations. With over 20 years of experience as a commercial leasing and business lawyer, Dimitry Beluli can assist and advice you with negotiating the terms of your commercial lease as well as assisting you with any dispute or default under the commercial lease.
Dimitry Beluli can assist you with:
• Plaza Leases
• Building Leases
• Office Leases
• Triple-net Leases
• Gross Leases
• Surrender of Lease
• Assignment of Lease
• Arrears of Rent and other defaults
Commercial Financing and Refinancing
Financing your business can be a complex endeavour. Pledges, guarantees, collateral mortgages … the list of security and other documents can be daunting. Obtaining the advice of experienced counsel can be invaluable in these situations. With over 20 years of experience in commercial financing and business law, Dimitry Beluli can assist and advise you with respect to the obligations associated with your financing, including your personal obligations.
Dimitry Beluli can assist you with:
• Negotiating the terms of the loan and security
• Mortgages
• Collateral mortgages
• Chattel mortgages
• Promissory Notes
• Personal Guarantees
• Cross Corporate Guarantees
• General Security Agreements
• Pledge Agreements
• Assignment of Proceeds
• Assignment of Rents
• Assignment of Fire Insurance
• Factoring Agreements
• Subordination/Postponement Agreements
• Pari Passu Agreements
• Due diligence
• Registration of security
• Advising you of your liabilities to the lender
• Independent legal advice