Touchstone Law Group LLP
#208 – 1664 Richter Street
Kelowna, B.C., V1Y 8N3
Office Tel: (250) 448-2637
Toll Free: 1 (855) 889-2637
Direct Fax: (778) 484-7101
info@touchstonelawgroup.com
20
JAN
2020

Mortgage vs. Line of Credit?

  In our practice, we routinely deal with mortgages in the course of all types of residential real estate transactions.  The term “mortgage” refers to the nature of the registration against title to a property rather than the actual credit facility that the borrower has taken out...
06
JAN
2020

Strata Bylaw Pet Restrictions

  Each strata corporation is governed by a set of bylaws. Bylaws outline the rights and obligations of the owners of the strata lots as well as the obligations of tenants, occupants or visitors of such owners. For example, strata bylaws may provide for the control, management,...
16
DEC
2019

What Happens If a Property Owner Loses Capacity?

  A person must have “capacity” in order to enter into a legally binding contract with respect to land. Two of the most common contracts with respect to real estate include a Contract of Purchase and Sale which is used to purchase or sell real estate or a Residential Tenancy...
02
DEC
2019

Directors of Corporations and Societies

  A director is an individual appointed by the shareholders of a corporation or the members of a society (as applicable) to manage or supervise the management of the operations of the corporation or society, (as applicable). In this article we will discuss some of the...
18
NOV
2019

Speculation Tax – Choosing the Completion Date and Possession Date

  On February 22, 2018, the B.C. budget introduced its new proposed speculation tax which was brought into law on November 27, 2018 under the Speculation and Vacancy Tax Act, SBC 2018 c.46 (the “Act”). The B.C. speculation tax targets owners of residential properties in parts of...
04
NOV
2019

Conveyancing Documents #101 – Receipt of Terms (Part 3)

  In the second part of this three-part series, we discussed a document referred to as the Acknowledgement and Direction. For more information on Acknowledgement and Directions, please visit:...
22
OCT
2019

Conveyancing Documents #101 – Acknowledgment and Direction (Part 2)

  In the first part of this series of articles, we discussed a document referred to as the Lender/Buyer Consent. If you would like a recap of the Lender/Buyer Consent, please visit:...
07
OCT
2019

Conveyancing Documents #101 – Lender/Buyer Consent (Part 1)

    This is the first part of a multi part series of posts to help clients understand the types of documents that they will generally be asked to sign in the course of a real estate transaction (for the purposes of these articles, we will initially be focusing on purchase...
16
SEP
2019

Community Contribution Companies

  A community contribution company (“CCC”) is a type of corporation incorporated pursuant to the Business Corporations Act of British Columbia. There several distinctions between a traditional corporation and a CCC. Please find a few of the key distinctions below: A CCC must have...
03
SEP
2019

Strata Bylaws and Rules

In British Columbia, a strata corporation is created under the province’s Strata Property Act by filing a strata plan with the applicable Land Title Office. A “strata” can include condominiums, townhouses, duplexes and even single family homes in bare land stratas. In this...