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Waiver [back to top]
An international relinquishment of some right or interest, the renunciation, abandonment, or surrender of some claim.
Witness [back to top]
When a person places their name to a deed, will or other document for the purpose of attesting its authenticity and proving its execution by testifying.
Work Orders [back to top]
Municipal by-laws require that residential property be maintained in a safe and habitable condition, and that a property's use conform to specific requirements, e.g. no illegal basement apartments, satellite antenna, etc.
Wrap-Around Mortgage [back to top]
This type of mortgage is often erroneously referred to as a "blanket mortgage". It is a new mortgage, registered on the title, that includes a prior existing mortgage as the new mortgagee undertakes the responsibility as mortgagor under the original mortgage.