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ownership interests

By Occasional Contributors | 2 Minutes Read February 17, 2017

New record-keeping requirements for Ontario corporations

While the new record-keeping requirements are relatively straightforward for corporations with just a few “ownership interests” in real property, corporations with significant interests, such as those involved in property development, face a much more onerous task. It is therefore recommended that Ontario corporations begin preparing the register as soon as possible to gather the required information and to establish a common practice.

Article by Occasional Contributors / Business, Finance and Accounting, Information Technology, Privacy / articles of dissolution, Business Corporations Act, corporate land, ownership interests, property development, real estate register requirement, real property, record keeping requirements, register ownership interests in land, section 140.1 of the OBCA, seize forfeited land

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