Completing a real estate transaction is tough on trees. The amount of paper required for our file alone (not to mention the realtor’s file/mortgage broker’s file/other lawyer’s file/ect...) is significant. Sale files are not that bad but purchase and mortgage files can get quite thick. In....
When purchasing a home, you will need to decide how to register your title. This will involve at least some basic estate planning choices being made. The most common option is for spouses to register as joint tenants. This means they will each own an undivided....
It is becoming more common to see developments that include a combination of both commercial and residential uses. While these mixed-use developments can have some issues that need to be resolved from time to time, if they are properly set up, the issues are usually....
It has become quite common for a real estate purchase agreement to provide a subject clause that the deal will be subject to the purchaser checking the title to the property. Stop right there! This is a very important clause and should not be waived....
The challenges that people face in making an estate plan for a blended family will cause most people to lose sleep. Once decisions have finally been made, the challenge is still not over. Family dynamics, relationships and priorities constantly change, so the matter must be....
As a busy conveyancing firm, we see transactions with all sorts of unique aspects. Often we wonder why a decision was made to do X, and wish that we did have the opportunity to speak to a client before the contract was finalized. As this....
An up-to-date survey provides purchasers with a visual representation of their property, indicating items such as lot dimensions, house location and outbuildings on the lot, encroachments onto and out of the lot, fences, significant landscape features, easements/rights of way and setbacks. While a survey informs and....
Guest Blog Post prepared by Steve Schwartz. Steve is a commercial litigation lawyer at the Kelowna law firm Schwartz & Company. Part of Steve's practice is dedicated to foreclosure law, representing both lenders and borrowers alike. For more information on the foreclosure process, feel free....
Investing in real estate has paid handsome dividends to many people, especially in the Okanagan. Yet, there are many out there who are simply not cut out for being a landlord of a residential property. It’s not as simple as buying a rental home and....
Homeowners should now be receiving their annual property tax notice in the mail from their respective municipality. While the receipt of this notice is never a joyous occasion for a homeowner, this year may be an exception for those of us living outside the Lower Mainland areas. In....
