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th ei fp .c a Th e IF P -H al to n H ill s | T hu rs da y, O ct ob er 18 ,2 01 8 | 8 Ten years ago, Furniture Renew owner Scott Page be- gan working for himself, fixing up furniture. His passion led to the rapid growth of his busi- ness, headquartered in Georgetown, which now has repair staff across Can- ada, and as far as Califor- nia. Today, Furniture Renew services all major cities in Ontario, conducting both large scale projects such as churches, courthouses and hotels, and small residen- tial jobs like restoring fami- ly heirlooms, changing that '90s honey oak table colour to something more modern or reupholstering vintage arm chairs to update them with current fabric trends. "Our passion for an- tiques shows through our quality craftsmanship," Page said. "We take great pride in our work. I have trained my young staff members in everything I know about this rare trade and they have a high level of patience and understand- ing for the delicate and com- plex process of removing finishes by hand, replicat- ing parts and knowing how to properly repair items so they last another lifetime- ."For further information about Furniture Renew, vis- it http://www.furniturere- new.ca. BUSINESS FURNITURE RENEW CELEBRATES 10 YEARS IN GEORGETOWN NEWBIZ LEARN ABOUT NEW BUSINESSES IN YOUR COMMUNITY. THEIFP.CA TYPE: Furniture repair company CONTACT: 1 Rosetta St., Georgetown, Ontario L7G 3P1 Phone number: 647-479-8200 or Toll Free 855-500-1349 http://www.furniturerenew.ca "Our passion for antiques shows through our quality craftsmanship, " Furniture Renew owner Scott Page said. Ray Lavender ASK THE PROFESSIONAL 33 Main Street South Acton, ON L7J 1X3 Tel: 519-853-1330 Fax: 519-853-4645 Email: Mark@mchlawyers.com Mark Hilliard Mackenzie Chapman Hilliard Barristers and Solicitors The advice offered in this column is intended for informational purposes only. Use of this column is not intended to replace or substitute any professional, financial, medical, legal, or other professional advice. We work for you. legal matters REAL ESTATE LAW Q A What is an Occupancy Fee? When purchasing a condominium home pre- construction, often is the case where the unit is substantially completed and fit for occupancy, but the title transfer cannot happen for several months. In a standard agreement, you are required to take occupancy and pay a monthly occupancy fee until such time as the condominium gets registered and title can be transferred into your name. An occupancy fee consists of the condo fee, your portion of property taxes, and interest on the unpaid balance of the purchase price. Often referred to as phantom interest, this last component is the largest of the three. It is your obligation to pay the vendor for the cost of carrying the property until title can be transferred and you can provide the remaining funds. However, if you notify the vendor within 10 days of signing the agreement that you will be paying the full balance due on closing on the interim occupancy, you can avoid this payment. After signing the agreement, you are given a 10 day grace period. During this time, be sure to bring the agreement to a lawyer to review it within those 10 days and, if you know that you will not need a mortgage and can therefore provide the full balance due on the interim closing date, have your lawyer notify the vendor. This will save you a few thousand dollars. RE-ELECT Kentner "Supported by and paid for by Dave Kentner, candidate for Ward 3" WARD 3 Experienced Leadership Counts! SALES SERVICE INSTALLATIONSESA #7003060 DEKEReLeCTRIC ltd. 905-702-0515 www.dekerelectric.ca TIONS SMALLBUSINESSOF THEYEAR Days are shorter, leaves are turning - it's FALL! Time to get your portable generator ready for winter!g y Generac Maintenance Kit - Regular Price $27.99 $19.99! (While supplies last)