Category: Uncategorized

By Peter Borszcz / HST, Taxes, Uncategorized /

The GST at 5% would apply to a taxable sale of real property in British Columbia where, under a written agreement of purchase and sale, tax becomes payable after March 31, 2013In addition, the transition tax will apply (in addition to 5% GST) to sales of newly constructed or substantially renovated housing where: ...

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By Peter Borszcz / Uncategorized /

I often get asked by Realtors to provide a "fee schedule" and I often say "it depends" because until I can see a contract and a title search I really don't know what work needs to be done for a particular clientSome firms provide "all in" quotes, however I believe these can be problematic for tightly budgeted clien...

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Can I be kicked out of my Mobile Home?
12
Jun
By Peter Borszcz / Buyers, Uncategorized /

Recently in Abbotsford, British Columbia, there was a mobile home park where the owners were given notice to vacate the premises as the mobile home park was being re-developed and the headline read "BC Seniors devastated as homes face bulldozer" (see the full story on CBC here) This was particularly tragic as (accordin...

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By Peter Borszcz / Uncategorized /

http://wwwyoutubecom/watchv=FiZbAgmM6Ck&feature=youtube_gdataPeter Borszcz is a Real Estate Lawyer and Business Lawyer practicing in Kelowna, BC in the law firm of Montgomery Miles & Stone Law Firm...

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By Peter Borszcz / Uncategorized /

In the last few years, there had been a landslide of litigation over pre-sale contract under the Real Estate Development and Marketing Act In a recently released Supreme Court of Canada case (Sharbern Holding Inc v Vancouver Airport Centre Ltd, 2011 SCC 23) , the Supreme Court critically defines what information is "ma...

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By Peter Borszcz / Uncategorized /

Under the standard contract of purchase and sale, used by most Realtors, the RISK of the property passes to the Buyer at 12:01am on the CLOSING DATE Therefore Buyers are well advised to ensure that their insurance policy is effective at 12:01 on the CLOSING DATEOften Buyers will obtain insurance to be effective the...

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