Cottage Real Estate Ownership – Direct and Indirect

How We Hold Title to Real Estate Ownership

There are two ways to hold title to real estate:

  • directly, or
  • indirectly

Direct Ownership
Real Estate Law governs the rights and duties of “direct owners”. The granting of these rights and how real estate laws impose duties on direct owners often surprise cottage owners. It’s real estate law surprises which put the family cottage at risk. Real estate laws of direct ownership do not promote keeping the cottage in the family for multiple generations, and the threat of partition and turmoil always exist.

Read the rest of this entry »