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@touchstone.law
14
AUG
2017

What happens if the seller doesn’t fix the hot water tank?

We regularly see real estate contracts that impose obligations on the seller of the property to complete some work prior to the closing date (generally at the seller’s expense).  Sometimes these issues arise from the buyer’s initial viewing of the property and, in other cases, it...
08
AUG
2017

Partnerships in BC

When starting up a business, you will have to decide on the form of business entity that suits your specific needs. Three of the most common business entities are sole proprietorships, partnerships and corporations. In this article we will canvas some of the unique features of a...
03
AUG
2017

10 Things You Might Not Know About Touchstone Law Group LLP

For this week’s blog article, we thought we would take a break from law and give you 10 facts about Touchstone Law Group LLP that you may not know. Enjoy! Touchstone was founded by Una Gabie and Jennette Vopicka on October 15, 2012. At that time, Touchstone was made up of two...
24
JUL
2017

Lawyers vs. Notaries: What is the Difference?

We are often asked by clients about the difference between lawyers and notaries.  As professionals recognized to provide legal services in British Columbia, both lawyers and notaries provide similar services to the public. In this article we intend to canvass some of the...
19
JUL
2017

Fires and Real Estate Transactions

Fires in the Okanagan are not something anyone looks forward to with the unfortunate damage to property and risk to lives (both animal and human) although the unfortunately seem to be part of lie in our beautiful region as we have already witnessed this summer. The presence (and...
13
JUL
2017

REFRESHER: British Columbia Home Owner Mortgage and Equity Partnership Program (BC HOME Partnership – BCHP)

The BC Home Owner Mortgage and Equity Partnership is a program that offers financial support to first-time homebuyers in British Columbia for entry into the housing market. The program provides repayable loans that have been granted to help first time homebuyers achieve their...
05
JUL
2017

Arbitration Clauses

In today’s increasingly complex and fast paced corporate world, commercial entities often wish to avoid the expensive, time-consuming and adversarial world of litigation in contemplation of contractual disputes arising between two parties. As a result, alternative dispute...
28
JUN
2017

Joint Tenancy vs. Tenancy in Common – What you need to know when purchasing a home

When registering ownership on title to a property, it is important for the buyers to give some thought to how they want to hold title to the property and to seek guidance from their lawyer or notary with regards to this matter.  Determining what is best in the circumstances...
19
JUN
2017

How much time should you plan for completing on a real estate transaction following condition removal?

We frequently get asked how quickly we can complete on a real estate transaction from the time conditions are removed.   The answer to this question usually depends on a few factors including, but not limited to, the following: Are we acting for the seller or the buyer? Is the...
06
JUN
2017

What are guaranteed funds and why do we need them?

When purchasing real estate, a company or another asset, you will be asked to provide your lawyer or notary with the purchase price by way of “guaranteed funds”. Guaranteed funds, also known as certified funds, is a type of payment which is guaranteed to clear. This means that...