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Varity LawRichmond Hill, ON · December 5, 2025

Why are Banks in a Rush to Start Power of Sale for Estate Properties?

Recently, I did two consultations with clients who started probate applications too late. Their loved ones have already passed for more than 6 months. By this time, the banks have already initiated a Power of Sale, meaning they will sell the estate property on the deceased’s behalf. According to the mortgage contract that the...

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