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
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...
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...
19
AUG
2019

Pre-Paid Property Taxes

  Property taxes are payable to the applicable taxation authority (city, district, municipality, etc.) in the middle of the year (generally, early July) for the entire calendar year. To take the stress out of paying the full amount of your annual property taxes, most cities,...
06
AUG
2019

Why Do We Need Your ID?

  We are often asked by clients why they need to provide us with identification. This is usually because the individual has already shown their ID to their realtor, mortgage broker, lender, financial planner, accountant or various other professionals. In this article we will...
17
JUN
2019

Short Term Rental License

  As of July 1, 2019, anyone operating a short term rental (AirBnb, VRBO, HomeAway, etc) within the City of Kelowna is required to have a short term rental license. In the City of Kelowna, short term rentals are defined as renting a residence for periods of 29 days or less. If...
03
JUN
2019

Name Registrations on Title

When purchasing (or otherwise acquiring) real property, it is important to consider the best way to have your name shown on title.  We frequently come across individuals who have multiple names (or variations thereof) shown on their identification and how their name shows on...
20
MAY
2019

Non-Conforming Strata Properties

  Occasionally, we hear from owners of stratified properties where there are only a few units, or stratified duplexes, that their strata is “non-conforming”.  Often, these smaller strata properties do not vote as an active strata council, collect strata fees, have a contingency...
01
APR
2019

What Happens If a Co-Owner of Real Estate Dies?

  It is common for two or more individuals to own real estate together as co-owners. Before purchasing real estate with another individual it is important to consider what will happen if you or one of the other co-owners passes away. In this article we will discuss what happens...
18
MAR
2019

GST on Purchases of Real Property

  The Goods and Services Tax (GST) is a tax at the federal level that is charged on the sale of most products and services in Canada, including real estate. As defined in the Excise Tax Act, “the entering into the agreement shall be deemed to be a supply of the property or...
19
FEB
2019

Speculation Tax Update

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 B.C. speculation tax targets owners of residential properties in parts of B.C. whose...