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ARTICLE · 10 APRIL 2008

Cross Border Update - Vol. 1 No. 1

My wife and I live in Toronto, and we’d like to buy a second home in Florida. Are there issues that we as Canadians should consider as we contemplate this purchase?

United StatesInternational Law

In this update, the first in a series, Hodgson Russ attorneys answer a question that is asked more and more often as Florida vacation homes become increasingly worthy investment options due to the rising value of the Canadian dollar. Future updates will answer frequently asked questions on a range of U.S. legal topics of interest to Canadians with business or personal interests in the United States. Please contact Lisa Kane to submit a question for an upcoming issue.

Question: My wife and I live in Toronto, and we'd like to buy a second home in Florida. Are there issues that we as Canadians should consider as we contemplate this purchase?

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