Mark Dunn at the 15th Annual Real Estate Law Summit
|Area||Commercial Real Estate|
U of T Chestnut Residence and Conference Centre
89 Chestnut Street, Toronto
Thursday, April 19, 2018
9:50am - 10:20am - More Owners, More (Potential) Problems: How to Avoid Disputes Between Co-owners and What to do When They Arise
Speaker: Mark Dunn, Partner, Goodmans LLP
Ownership is a bundle of rights. Real estate owner(s) have the right to (among other things) use the property, profit from its use, exclude others from it, pledge it to secure loans and sell it. These rights can be shared by, or divided among, multiple people. This sharing or division, accomplished by agreement or operation of law, can have many benefits. But people can (and often do) disagree about who holds real property rights and how they should be exercised. These disagreements are more likely to occur, and less likely to be resolved, if the parties have not specified their rights and responsibilities in writing in advance.
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