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Zifan Gao | An Educated Approach to Real Estate™ Blog

Tuesday, June 9, 2020   /   by Zifan Gao

5 Things You Need to Know About the Matrimonial Home | June Referral Newsletter

Three months into the COVID-19 stay at home quarantine order, we still don’t know when the lockdown will be completely lifted. The housing market is just starting to heal itself, there is no going back to ‘normal’. Although this pandemic might have turned some of our lives completely upside down, that doesn’t mean that this isn’t a once in a lifetime opportunity for us to pick up a new hobby or start that passion project we never had the time for; you can accomplish a lot of things in just a few months. 
The quarantine life can be very isolating, so it’s very important to stay socially connected. Follow us on social media. You can reach out to Boiron Group at anytime.

Separating From a Spouse? 5 Things You Need to Know About the Matrimonial Home
For most couples, the matrimonial home represents their largest asset and it is a place of emotional significance – filled with both positive and negative memories. 
A matrimonial home i ...

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Friday, June 5, 2020   /   by Zifan Gao

Separating From a Spouse? 5 Things You Need to Know About the Matrimonial Home

For most couples, the matrimonial home represents their largest asset and it is a place of emotional significance – filled with both positive and negative memories. 

A matrimonial home is not simply the house in which a married couple lives. In Ontario, it is afforded special treatment under the Family Law Act. 

Let’s have look at why the matrimonial home is such a hot topic during a separation or divorce: 

 
#1 Spousal Consent is Always Required

Neither spouse is permitted to sell, mortgage or otherwise, encumber the matrimonial home without the other spouse’s knowledge and consent - be it during a marriage or post-separation, even if only one spouse’s name is on the title.  
If you and your spouse cannot agree on what to do with the matrimonial home, one party may apply to the court and request an order for partition and sale.  
If your name is not on the title and you fear that your spouse will try to sell it ; ...

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An educated approach to Real Estate
Claude Boiron
211 Consumers Road, Suite 105
Toronto, ON M2J 4G8
416-804-5555

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2023 Last Updated December 3, 2023
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