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
28
MAR
2017

The New British Columbia Home Owner Mortgage and Equity Partnership Program (Home)

Saving for a down payment on a first home purchase can be hard for first-time home buyers. The British Columbia government recently partnered with new home buyers to help them achieve their minimum down payment. Starting as of January 16, 2017, the new British Columbia Home Owner...
14
MAR
2017

Residential Tenancies and New Home Purchases – Tips and Traps

Purchasing a new home, whether to occupy yourself or as a rental/investment property, can be an exciting yet daunting process.  There can be an added level of complexity if the home is occupied by tenants put into place by the prior owner, whether you intend to keep those tenants...
22
FEB
2017

Stratas: More Than Just Condominiums

Stratas are more than just condominiums. Stratas can also include: duplexes, townhouses, fractional vacation properties, even single family homes in bare land strata corporations. In British Columbia, a strata title created under the province’s Strata Property Act, enables land...
30
JAN
2017

Short Term Rentals

In this article we will canvas some of the important things to think about before listing your property as a short term rental property. Statutory Building Schemes Statutory building schemes (“SBS”) are generally in place to maintain the consistency and character of a particular...
23
JAN
2017

Insurance on Strata Duplexes

In our real estate practice, we regularly come across strata corporations that are comprised of only a few units which often raise unique considerations.  Although these properties often do not operate the same way a more conventional strata corporation would, legally, the same...
10
JAN
2017

Title Insurance

The word “title” is a legal term that means you have legal ownership of real property (ie. land). You obtain title to real property when the owner signs the transfer (Form A Transfer) over to you when you purchase the property and the transfer then receives final registration in...
22
DEC
2016

Are You a Non-Resident of Canada and Selling Real Estate in Canada (or thinking about buying)?

Non-resident investors have played an integral part in Canada’s thriving real estate market, however, one consideration when thinking about purchasing Canadian real estate if you are a non-resident of Canada is the tax payable when the property is eventually sold. When these...
12
DEC
2016

Owner Built Homes (Part 3: Acting as Listing or Selling Agent)

In the first part of this three-part article on owner built homes we introduced the owner builder scheme in the Homeowner Protection Act of British Columbia (the “Act”) and the Homeowner Protection Act Regulation of British Columbia (the “Regulation”) and discussed the...
05
DEC
2016

Owner Built Homes (Part 2: Buying)

In the first part of this three-part article on owner built homes we introduced the owner builder scheme in the Homeowner Protection Act of British Columbia (the “Act”) and the Homeowner Protection Act Regulation of British Columbia (the “Regulation”) and discussed the...
28
NOV
2016

Owner Built Homes (Part 1: Selling)

The Homeowner Protection Act of British Columbia (the “Act”) and the Homeowner Protection Act Regulation of British Columbia (the “Regulation”) are aimed at strengthening consumer protections for buyers of new homes, improving the quality of residential construction and...