Rook & Knight Law

Rook & Knight Law Commercial and Investor Real Estate Law. Virtual and paperless Ontario-wide real estate law firm known for creative, efficient and friendly service

09/02/2026

A purchase default is simply a buyer failing to meet their obligations under an Agreement of Purchase and Sale. In most cases, it comes down to two things: money and documents. If the funds are not delivered on time or the required documents are not properly signed, you could find yourself in default with serious consequences.

DM us to review your purchase agreement before closing.

08/26/2026

Financing is tougher than it was a few years ago, and buyer defaults are on the rise. If you're not confident your financing will close, do not waive conditions too early. Use today's market leverage to negotiate stronger agreements that give you options if things don't go according to plan.

DM us to review your purchase agreements before going firm.

08/24/2026

A missing minute book or outdated corporate records can quickly undermine a lender's confidence in you. When financing is time-sensitive, scrambling to fix corporate documents at the last minute creates delays, unnecessary questions, and a poor first impression. Keeping your corporate records current shows lenders that your business is organized, compliant, and investment-ready.

DM us to keep your corporate records and minute books up to date.

08/21/2026

A decade of paternalistic government oversight has made purpose built rental development difficult, but the regulatory environment is starting to shift. The City of Toronto is actively working to unlock housing creation where it was previously impossible, and for investors willing to navigate that framework creatively, there is real opportunity emerging.

DM us to find out how to structure your next purpose built rental deal within the current regulatory landscape.

08/19/2026

Before investing in any partnership or joint venture, make sure the terms are clearly documented in a properly drafted agreement. Whether it's a joint venture agreement, limited partnership agreement, or shareholders' agreement, the contract defines the rights, responsibilities, risks, and protections for everyone involved. Smart investors go in with their eyes wide open.

DM us to review your joint venture or partnership agreement.

08/17/2026

Missing corporate filings can create major problems when refinancing, selling, or raising capital. In extreme cases, failing to file annual corporate returns can even lead to your corporation being dissolved, creating serious risks for assets held inside it. Keeping your corporate records up to date is one of the simplest ways to protect your investments.

DM us to keep your corporation compliant and up to date.

08/14/2026

A material adverse change clause requires the active partner to loop in the money partner when something significant shifts in a deal, and that obligation benefits both sides. Two minds working on a problem together consistently produce better outcomes than one person trying to quietly manage a crisis alone.

DM us to make sure your partnership agreement includes the clauses that keep everyone protected when things change.

08/12/2026

Too many investors mistake commitments and LOIs for actual capital. If the money is not in trust, it is not secured, and that can put your entire deal at risk when closing day arrives. The best time to solve a capital gap is before it becomes an emergency.

DM us to structure your capital raise properly.

08/10/2026

A handshake and good intentions are not a succession plan. Without a properly drafted shareholders' agreement and buy-sell provisions, the death of a business partner can leave you in business with their estate or surviving spouse. The right legal structure and insurance planning can protect both families, preserve the business, and provide clarity when life takes an unexpected turn.

DM us to protect your partnership before it's too late.

08/07/2026

Both sides have the most leverage at the start of a deal, which makes it the best and easiest time to get a JV or shareholders agreement signed. Once the money is in and things go sideways, negotiating without a contract means getting forced into a room to hammer something out under pressure, which is exactly when reasonable people stop being reasonable.

DM us before your next deal gets moving so the agreement is in place while everyone is still aligned.

Address

902 Second Street West
Cornwall, ON
K6J1H7

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+16139355919

Website

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