DiMinno Rizzi Lawyers

🔑 Starting a New Commercial Lease as a Tenant? Don't Skip This Key Step!

I often review leases for business clients who are looking to lease premises for their operations.

I always pay special attention to the fixturing period.

🏢 A fixturing period is the time you get to set up and customize your leased space before officially moving in.

Having enough of this time is crucial for your business success. It lets you make sure everything is just right—from layout to equipment—so you can hit the ground running.

Without enough fixturing time, you might face rushed decisions, extra costs, and operational hiccups.

📝 When you're negotiating your lease, make sure to prioritize a clear and sufficient fixturing period. You should also have your lawyer negotiate a reduced or no rent for the period.

🏆 It's about setting a solid foundation for your business from day one.

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DISCLAIMER: This content is intended as general information and not individualized legal, financial, business, investment, or tax advice. Please contact a professional for your specific circumstances.

We wish all of you a very Merry Christmas and a Happy New Year!

We often get asked by my small business clients what the difference is between the shareholders, directors, and officers of a corporation.

Where businesses are small and closely held, there is often a lot of crossover, but business owners should all be aware of the different roles. So, I'm writing a three-part series that briefly covers each, starting with the shareholders.

If you own a corporation of any size or are thinking of starting one, you'll want to read this!

http://www.drlawyers.ca/.../corporate-governance-basics.../

Corporate Governance Basics (Part 1): The Shareholders - DiMinno Rizzi In this article, we explain what is a shareholder of a company and their legal rights in a corporation under Ontario and Federal law.

Did you know that the amount of vacant homes in Toronto rose by 40% in the last five years? This puts Toronto at over 130,000 unoccupied properties.

The City of Toronto has responded with a mandatory vacant home tax. Even if your property is not vacant, you are required to submit an online declaration of status by this Thursday, February 2nd.

Find out more about the new Toronto Vacant Home Tax and what you need to do in the article below.

The New Toronto Vacant Home Tax: What Toronto Real Estate Owners Need to Know - DiMinno Rizzi Toronto real estate lawyer, Antonio DiMinno, of DiMinno Rizzi Lawyers, provides an overview of the new Toronto Vacant Home Tax.

The DiMinno Rizzi team wishes everyone a Merry Christmas and a prosperous New Year!