In the case of Wilke v. Jeong, (BCSC 2017 2131) released two days ago, Madame Justice Warren of the BC Supreme Court ruled that the… Read More »The (Unexpected) BC Foreign Buyers Tax: Can it relieve a purchaser of her obligation to complete?
New Zealand’s new, 37 year old Prime Minister elect, Jacinda Ardern has just introduced legislation to ban home sales to foreigners. “Foreign ownership and a… Read More »Should Canada follow New Zealand’s lead and ban home sales to foreigners?
Pursuant to the “Empty Homes Tax,” Vancouver homeowners are now required to declare whether or not their properties are rented. This new vacancy tax is… Read More »Another Useless Tax
Fed up with the one-sided nature of pre-sale contracts, a group of disgruntled Langara West pre-sale buyers are challenging the status quo. This is yet another… Read More »Enough is enough! Pre-sale condo buyers seek justice
Most people who buy real estate assume that only their deposit is at risk if they fail to complete the purchase. For sure their deposit… Read More »Walking away from a real estate purchase just cost the buyer $360,340.35
1. What does it legally mean to add someone’s name to your title? In BC you have to file an electronic FORM A land transfer… Read More »THINK TWICE before “just adding a name” to your title
Vancouver rejects Keefer St. proposal in Chinatown This recent Vancouver Sun article describes one small victory for community residents over a large property developer (in… Read More »Whose city is it anyway?
Farm land is EXEMPT from the 15% foreign buyer’s tax in British Columbia. B.C. government’s decision to exempt farmland from the 15-per-cent foreign buyers tax… Read More »Is our FOOD SECURITY for sale?
Last week, I had the pleasure of speaking with the Vancouver Real Estate Podcast team about the foreclosure process in British Columbia. Listen here: VREP… Read More »Foreclosure disclosure [podcast]
Writing a good contract of purchase and sale: The contract of purchase and sale governs the transaction between the buyer and the seller. As you are… Read More »The BIG SIX: How to draft a good BC Real Estate Purchase Contract (Six Mistakes to Avoid)