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Home Insurance is a requirement of every residential mortgage, however having an effective home insurance policy is a good practice for all homeowners Under the standard Contract of Purchase and Sale, the BUYER is liable for all RISK in the property as a 12:01am on the CLOSING DATE The take home point here is that your...
Continue ReadingA Contracts Must be In WritingReal Estate Contracts, as contracts for the sale of land, are unique in British Columbia law as s59 of the Law and Equity Act states that “A contract respecting land or a disposition of land is not enforceable unless there is, in a writing signed by the party to be charged or by that...
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