Know nothing of Canada tax statutes, but often investors will claim depreciation NOW to improve their short-term cashflows for reinvesting - even if they will have to pay more when they sell the property.It's no different than borrowing money to buy a rental property - you're paying interest on the loan, so you can buy now.

Here ya go, start studying: http://en.wikipedia.org/wiki/Mortgage_law#.22Title_theory.22_and_.22lien_theory.22Now, if anyone can show me any statute or authority where what I've said is not correct or where a lender can take a property back, sell it, make a profit and is entitled to keep it or where the lender can move in or take the fruits of the land, please post it up!

A government statute telling someone they can't freely voice an opinion even about legal issues would interfere with constitutional protections.  

From this link:http://realestate.uslegal.com/mortgage-satisfaction/florida-assignment-and-satisfaction-of-mortgage-law/If the lender fails to record a satisfaction within set time limits, the lender may be responsible for damages set by statute for failure to timely cancel the lien.

For example, if you see that the borrower has expressed interest in or applied for a  loan mod or forbearance, that's a strong indicator that they would like to stay in the property.Demand Letter - If a demand letter is present in the collateral, it means a default has been declared and the statute of limitations for the state comes into play. 

While the particular provisions depend upon the state's statute, in general, the following basic steps must be taken: a.

I got a letter from a law firm from FL asking me to provide the insurance policies details pursuant to FL Statute 627.4137.

It's not in the statewide Ohio Landlord Tenant statute. 

If you do happen to get into litigation with this tenant at a further date, complying with a statute such as this could sway a judge to your side showing that your company is a reputable landlord attempting to comply with the law in full.According to the statute below, it is only 1% per year, on the sum of one month's rent ... so not a burden worth haggling over.

Brendan,Sometimes it’s better to make decisions and then make ‘em right, than to make no progress at all; so I give you a lot of credit, Brendan, for going out there and trying to do something positive for yourself and your family.Now, to answer your questions, a real estate contract is only valid if it meets certain tests: 1) offer, acceptance, and delivery, 2) legal intent, 3) competent parties of legal age, 4) the contract is in writing (“Statute of Frauds”), and 5) consideration.