Tag

Real Estate

JUL

2014

I’m buying a new home! When should I look into home insurance?

Prospective buyers who are looking at purchasing a home should consider the need to get home insurance in place early in the process. For buyers who are getting a mortgage to purchase the home, confirmation of acceptable insurance is required prior to closing. We recommend that...

DEC

2013

Thinking of Purchasing in a Strata? What you need to know about Depreciation Reports

Depreciation Reports provide estimates for the repair and replacement costs of major items in strata complexes. Prior to 2011 it was the option of the strata whether or not to obtain a report, but on December 14, 2011, new legislation came into force that requires strata...

AUG

2013

Why should you get a survey certificate? Will title insurance suffice?

If you are purchasing a home, a current survey certificate by a qualified surveyor is the only way to determine the lot boundaries and the location of the improvements on the property. The plan filed with the Land Title Office, while helpful, is not conclusive. The Land Title...

AUG

2013

Powers of Attorney and Real Estate Transactions

A power of attorney can often be a useful tool when a party is unavailable or does not have capacity to sign real estate documents whether they be transfer or mortgage documents. However, there are a number of pitfalls, including those discussed below, of which all parties...

JUL

2013

Purchasing Commercial Real Estate: Tenant Matters

When commercial real estate is purchased that is occupied by tenants (particularly if the tenants are to be taken over by the purchaser) a number of considerations arise that a prospective purchaser/landlord should consider. Copies of the leases should be obtained and reviewed...

JUL

2013

Buying a Home & Estate Planning

When you buy a home, it is a prime opportunity for you to think about estate planning. This new asset can change your financial position. A home is one of the biggest purchases any of us make in our lifetime so thinking about having a will done at the same time makes sense. When...

APR

2013

Thinking about purchasing a foreclosure?

Thinking about purchasing a foreclosure? With consumer confidence on the rise, interest rates low and, unfortunately, enough foreclosures around, many are being tempted by properties that can potentially be gained at a below value price. However, buyers need to be cautious of...

MAR

2013

Selling date vs. purchase date?

The question of what date to sell your existing home versus what date to purchase your new home often comes up. If you are buying a new home and selling your existing home at the same time, you will have to determine what date to schedule your closing (ie: the date that funds and...

FEB

2013

Real Estate Conveyancing Picing

We often get asked about real estate conveyancing pricing. For example, “if I’m buying a house, would the legal work cost the same at most firms in Kelowna?”. The answer to this question is “no”. A client will get a number of different prices or...

JAN

2013

Owning property as joint tenants vs. as tenants in common?

As joint tenants, the interest of either owner would automatically flow to the survivor in the event of the death of one of the owners. This means that the owner’s interest would not flow through their estate but would transfer to the survivor outside of the estate. As tenants in...

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Tag

I’m buying a new home! When should I look into home insurance?

Thinking of Purchasing in a Strata? What you need to know about Depreciation Reports

Why should you get a survey certificate? Will title insurance suffice?

Powers of Attorney and Real Estate Transactions

Purchasing Commercial Real Estate: Tenant Matters

Buying a Home & Estate Planning

Thinking about purchasing a foreclosure?

Selling date vs. purchase date?

Real Estate Conveyancing Picing

Owning property as joint tenants vs. as tenants in common?

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