Real Estate

Residential Tenancies: Changes to the Residential Tenancy Act

Over the last year, there have been substantial changes to the Residential Tenancy Act and Regulation affecting the relationship between tenants and landlords. The biggest change is the removal of vacate-clauses from fixed-term tenancy agreements unless the tenancy unit is going to be occupied by the landlord or a family member. In the past, these […]

Understanding Non-Financial Charges on Title to Property

The “investigation” period is one of the most important stages in purchasing property. This is the time between your offer being accepted and removal of the conditions you included in your offer. Common conditions include approval for financing and insurance, and an inspection of the property. These conditions are often referred to as “subjects” as […]

Making an Offer to Purchase Real Estate

When you have chosen the home you want to buy, you make an offer to the seller. The offer is usually made in a standard written contract of purchase and sale. The offer includes: The property, the parties (i.e. the buyer and seller) and the price. These are the basic terms of any sale contract. The […]

New Speculation & Foreign Buyer Taxes on Real Estate

The new budget announced by the BC government included a number of new taxes that will apply to BC properties and property transfers. The first announcements included a possible speculation tax on non-BC resident owned properties. Little details of the speculation tax have been announced but it is intended to capture property owners who do […]

What is a Builder’s Lien

The Builder’s Lien Act, SBC 1997, C45, allows a builder to file a lien against the title of a property they have worked on and not received payment related to that work. The lien if registered is attached to the title of the property like any other encumbrance. If title for the property is pulled […]

Residential Tenancies: Breaking a Lease

By Stuart Cappus Tenants and landlords often enter into fixed-term rental agreements. Commonly referred to as leases, these agreements provide the parties with some assurance as to how long the tenancy will last. But what if a tenant breaks the lease by moving out early before the term is up? When this happens, the landlord […]

Residential Tenancies: Landlords Liability for Rental Units

As more individuals choose to rent out basements suites or invest in rental properties it is important for potential landlords to be aware of their liability for accidents or falls that occur on their rental property. Residential landlords may not have complete control over a rented premises or the members of the public who have […]

Residential Tenancies: Removing a Tenant

By Stuart Cappus We’ve previously discussed how a landlord can evict a tenant from a rental unit. However, evicting a tenant does not ensure that they will actually leave the unit. Despite being served with an eviction notice, some tenants simply refuse to leave willingly. What is a landlord to do in that situation? The […]

Residential Tenancies: Month to Month or Fixed Term Contracts

By: Simon Irving When entering into a residential tenancy contract there are two options with regard to the rental period of the agreement. A landlord and tenant can agree that the tenancy period will be on a month to month basis or for a set term. As the rental market becomes more competitive it is […]

Partition of Property

By Stuart Cappus For a variety of reasons, two or more people can find themselves owning a single piece of property together. They could have bought the property together. Some or all could have inherited their interest in the property from a former owner. Regardless of how they came to own a property together, there […]

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