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Good Legal Experiences – Why We Do Not Include Valuations on Property Statements with Petitions

Property Statements without Values

"While working with a client, we attempt to ensure that everything we do is geared to provide a positive experience with the judicial system."

Our office has determined it would be inappropriate to include values in the initial Property Statement given that Property Statements must now be filed at the same time. Petitions are issued in accordance with the rules. To avoid having clients attest under oath to values for a to-be-determined date and having irrelevant values on court documents, we do not include values on Property Statements accompanying Petitions.

Once a Petition is issued, we send a request to our clients to collect the disclosure and values as of the date of the issued Petition to improve efficiency. 

We hope this does not cause inconveniences (in fact, we hope it improves the process). We anticipate our office will have a completed and more accurate Property Statement around the time or shortly after the opposing party has filed their materials which will allow for fruitful discussion and hopefully a quicker and more pain-free resolution. 

As always, we welcome any thoughts, comments or suggestions anyone may have respecting this or any other of our processes.

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Good Legal Experiences – Why We Do Not Include Valuations on Property Statements with Petitions

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DISCLAIMER: As our law office extends its services nationally under the National Mobility Agreement (NMA), we are committed to providing transparent information regarding the scope and limitations of our practice in various jurisdictions.

The NMA facilitates both temporary and permanent mobility of lawyers across Canadian jurisdictions, allowing for the provision of legal services beyond our home province. However, certain conditions and limitations apply, as outlined in the NMA.

Temporary Practice:

  • Regulatory Compliance: Lawyers must comply with the professional conduct and ethical standards of the host jurisdiction.
  • Insurance Requirements: Lawyers must carry professional liability insurance that meets the standards of the host jurisdiction.
  • Scope of Practice: Temporary practice does not extend to areas of law specifically reserved to practitioners licensed in the host jurisdiction.

Permanent Practice:

For clients seeking services requiring permanent practice outside our primary provinces, we provide a directory to help you find a local lawyer.

Limitations:

  • Unauthorized Practice: Engaging in unauthorized legal practice outside of temporary allowances is not permitted.
  • Practice in Quebec: The NMA primarily applies to common law jurisdictions, and different rules may apply for practice in Quebec.

For a full understanding of the agreement, please visit the National Mobility Agreement on the Federation of Law Societies of Canada website.

If you have any questions or need further clarification about our practice in a specific jurisdiction, please contact us directly.

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