People think lawyers are expensive, so legal fees always seem to cause concernWith residential conveyancing at our firm you can be guaranteed of the following:A custom quote for legal fees for the title transfer for your deal provided to you by email upon receipt of conveyance instructions (usually weeks in ad...
Continue ReadingCategory: Uncategorized
Attention: All Referring RealtorsThere is a new Wills, Estate and Succession Act now in force in BC effective April 1 to help "get the word out" on estate planning we have a great offer that will save your client $300 If a Referring Realtor refers ANY client to our firm for a home sale or purchase, please get th...
Continue Reading“All the flat land is gone” is a common complaint amongst the development community in Kelowna as undeveloped ALR lands occupy most of the “flats” and costly and earthwork intensive hillside parcels are what remains to be developed into new residential communitiesOne remaining source of “flat land” is i...
Continue ReadingEffective February 19th, 2014, the government has increased the PTT first time home buyer full exemption threshold to $475,000!For complete exemption requirements see: http://wwwsbrgovbcca/documents_library/forms/0269GuidepdfBy Kelowna Real Estate Lawyer Peter Borszcz ...
Continue ReadingSellers of property with quality issues (ie; grow ops, electrical or plumbing problems, foreclosures) often sell a property on an “as-is” basis to avoid future/ downstream liability (being sued later by the Buyer) A Seller can claim protection from later suit where it has but the Buyer on notice to do its own exami...
Continue ReadingIn an earlier article I discussed the importance of a written co-owners’ agreement when jointly purchasing recreational property One of the most important sections of a co-owners’ agreement will cover how the parties can terminate the arrangement Many people fail to enter into a formal agreement, however, and t...
Continue ReadingMany people turn to co-ownership arrangements due to the allure of owning recreational property in the interior of British Columbia Typically the co-owners are family or close personal friends Although there are many benefits to sharing property, most notably reducing the cost of owning property that is used sporad...
Continue ReadingFor parents, one of the primary considerations when moving is the availability and quality of local schools Growing up in Kelowna and having a wife who is a beloved elementary music teacher have given me a deep appreciation for how lucky we are to live in a place with so many great schoolsFor home buyers, a choice ...
Continue ReadingThe short answer to this is YES in 99% of home sales a REALTOR will make ALL the difference Selling a home is an activity that is, by its very nature a stressful and life changing event, having a Realtor to assist you through the process will be one of the best decisions you will ever make as a SellerWho doesn't ne...
Continue ReadingFor many Kelowna visitors, our lakes, mountains and sunshine are a place to unwind with their friends and family at secondary vacation homes As these properties are now starting to get passed on to the second (or third) generations, many interesting legal issues are arising including:Income Taxes (capital gains)...
Continue ReadingMontgomery Miles & Stone Law Firm closes first ever assignment of sublease (resale) in the West Harbour community by Troika For more on West Harbour see: http://wpme/p23AFz-9w...
Continue ReadingThe use of a "bitcoin" for BC Real Estate Contracts would not be legal, tender must be in CANADIAN DOLLARS #oops...
Continue ReadingEver wonder what a real estate lawyer has to do when you get a residential mortgage Here is a great article: http://owly/kwIGA...
Continue ReadingI grew up here, so admittedly I have always has a little bit of a bias toward this valley But, I recently had lunch with one of my clients who has an Alberta based business and a vacation home in Kelowna Given the recent changes in our economic environment, a relatively weak US housing market, and a strong Canadian Dol...
Continue ReadingI can still remember the day when my dad told me that we were putting in a pool at our old Nathan Road home in the Okanagan Mission in Kelowna, BC It was better than Christmas My sisters and I lived in that pool every summer thereafter Swimming has always been an integral part of my life, as Kelowna Aquajet, as a lifeg...
Continue Reading