Tag

Real Estate

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,...

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...

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...

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:...

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: https://touchstonelawgroup.com/conveyancing-documents-101-lenderbuyer-consent-part-1/. This week,...

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...

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...

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,...

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...

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...

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Tag

Strata Bylaw Pet Restrictions

What Happens If a Property Owner Loses Capacity?

Speculation Tax – Choosing the Completion Date and Possession Date

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

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

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

Strata Bylaws and Rules

Pre-Paid Property Taxes

Why Do We Need Your ID?

Short Term Rental License

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