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
16
JAN
2023

BC’s 3 Day Cooling Off Period

It’s Getting Hot in Here – So here’s three days to cool off! The 2023 real estate market has started with a bang, but not in the normal sense.  With a shift in the general market dynamics due to increased interest rates, slowing sales and lowering prices, buyers and sellers...
01
AUG
2022

House Insurance and Fire Season

With fire season upon us, a reminder on the importance of insurance considerations in real estate transactions is timely.  The best advice we can provide is to speak with a knowledgeable insurance broker early in the process so that you can have peace of mind as you move...
15
JUN
2022

Title to Property in British Columbia

In our real estate practice, we frequently get asked by our clients when they will receive the “title deed” or “title” to their property.  Historically, a title deed was a much more specific, one-of-a-kind document that required safe keeping.  With the implementation of...
30
APR
2022

What are closing costs?

As you work through the process of purchasing a home, you will often hear references to the term “closing costs” or something similar in nature.  That terminology is intended to refer to the costs that a party needs to consider, in addition to their down payment funds, when...
01
APR
2022

Fixed Rate Mortgages vs. Variable Rate Mortgages

When considering a mortgage borrowers have multiple options including the term, differing interest rates, and payment frequency.  These options should be considered carefully, and a mortgage selected based on the priorities and preferences of the borrower.  Particularly...
16
MAR
2022

Real Estate Transactions and Utilities

When purchasing or selling a property there are some important considerations with respect to utility accounts (water/sewer/electricity/gas/telecommunications) that the buyers and sellers, as well as their legal representatives, will need to consider. In many cases the seller’s...
14
FEB
2022

Strata Properties – Parking Stalls

The ownership and the right to use of parking stalls in the context of strata property ownership can be confusing for purchasers. A parking stall may be a constituent part of the strata lot that is automatically transferred with the title to the strata lot. In some cases, a...
02
FEB
2022

Speculation Tax

It is that time of year again!  For properties located in areas subject to the BC Speculation and Vacancy Tax, declarations for the period ending on December 31, 2021 are due prior to March 31, 2022.  Notifications have been mailed to property owners and will include...
07
JUN
2021

Property Taxes: Don’t be Late!

Property tax due dates are fast approaching in most municipalities in our area.  If you have recently purchased or sold a property, you will want to pay special attention to property taxes to ensure the appropriate steps are being taken for the current year.  You should...
25
MAY
2021

Land Owner Transparency Registry: A Public Database

As of April 30, 2021, the public can now search the Land Owner Transparency Registry. A search may be conducted by either the name of a person or by the parcel identifier of the property in question. The registry database is accessible through the myLTSA at a cost of $5.00 per...