With vaccines on the rise and restrictions lifting across the province, many people are looking to take advantage of the summer months by vacationing with family and friends. International travel is still a somewhat restricted proposition, and so the domestic rental market has been hotter than ever this year, with people looking to escape the […]
Category Archives: Real Estate Fraud
Fraud, Letters of Credit & the Autonomy Principle
A standby letter of credit is a promise from a bank to a creditor that the bank will pay funds to the creditor in the event of a default by a debtor, so long as certain conditions are met. For example, a commercial landlord may require a standby letter of credit from a tenant’s bank […]