When purchasing a residential property, the buyer generally has a 5 business day cooling off period after exchanging the contracts. During the cooling off period, the buyer can rescind (cancel) the contract and purchase of the property and will only have to pay the seller 0.25% of the purchase price.Read More
Once the executors or administrators of the estate have a grant of probate or letters of administration, they must administer the estate. Administration of the estate involves collecting all the deceased’s assets, paying any liabilities or expenses and distributing the assets of the estates to the beneficiaries. What are the steps in the administration of the estate? The...Read More
