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
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)
Beware when you are buying real estate in Canada from a NON-RESIDENT! S.116 of the Income Tax Act requires a buyer to “make reasonable inquiries”… Read More »$600,000 Mistake made in purchasing from Non-Resident
1. What is an “exculpatory clause?” An exculpatory clause is a clause in a contract or other agreement which purports to eradicate or limit the… Read More »Home Inspection Reports (are they worth the paper they are written on?)
A pre-sale condominium is a townhouse or apartment that is available for purchase prior to it’s construction or before it is move-in ready. Buying a… Read More »What are the 7 risks of buying a Pre-Sale Condo?
In our real estate law practice we have seen houses steadily rise over the past seven or eight years and jump drastically since January of… Read More »COOLING OFF THE BC REAL ESTATE MARKET FROM THE TOP DOWN