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Here in Kelowna there are several reasons an individual may require a Power of Attorney (POA) when preparing to sell his or her property A Power of Attorney is a legal documents that grants to a person (sometimes called the “Attorney”) the right to sell and dispose of the assets of the Donor (the person granting th...

Effective Feb 17, 2016:Newly Build Home Exemption:housing up to $750,000 will be exempt from Property Transfer TaxNew Tax on High Value Transfers:The Property Transfer Tax rate will increase from 2% to 3% on the portion of fair market value over $2 million...

Shadow flipping or assigning a contract prior to completion has been brought under recent media scrutiny See: CBC or VANCOUVER SUN storiesThis generally refers to ASSIGNING a contract, which is a legal process whereby Purchaser #1 "sells" its contract to Purchaser #2This is legal because, once subjects are re...

Real estate negotiations can be a very emotionally intense time A strong team is essentially, including a professional Realtor, Home Inspector, Mortgage Broker, Accountant and LawyerAn early phone call to your Lawyer (Before Subject Removal) can provide great value!Are there any charges on the land title for y...

WFN-Tesoro Arca- Townhomes for Toys Lease FAQTesoro Arca is a townhome community located around the corner from Two Eagles Golf Course on Cougar Road in West KelownaWhat is the termUnless earlier terminated, the sublease expires September 29, 2106 Upon termination of the lease, your leasehold interest will...

For many home buyers, particularly those with children, a major criterion when purchasing a new home is the proximity to schools within the communityTherefore, if you want your children to attend a certain school in School District #23, it is best if you reside within the catchment area for that particular school ...

…with our user-friendly Closing Cost Calculator!There are many different fees and disbursements that go along with purchasing a new home in British Columbia  Our calculator makes it easy to find out how much your dream home is going to cost  Simply input the figures for your desired property and the calculator ...

Did you know that a real estate deal gone wrong could both leave you homeless and leave you facing a $50,000 lawsuit  Its rare, but it happens and when you are hiring a lawyer to guide you through the biggest transaction of your life what are the top three questions you should askWhat percentage of your practice...

As the Kelowna Real Estate market heats up more homes are going into multiple offer situations The timelines and pressure can be overwhelming on the parties involvedA couple of legal points to remember:An offer must have all the essential terms of the deal (in real estate at least, PARTIES , PROPERTY, PRICE, ...

In the last six months, merely finding a home in Kelowna has become very difficult as more and more Buyers enter the area for jobs, lifestyle and retirement and once you have found your dream home what do you do nextDue your "Due Diligence"; call your real estate lawyer near me to review you title and work thro...

Home Buyers are understandably excited to move into their new home, however a couple key things need to happen before any #Kelowna #RealEstate transaction is “CLOSED”:LENDERS – all the banks conditions need to be satisfied This may be simple (ex signing a mortgage) or complex (ex confirming another home h...

If your real estate deal is:Closing before JUNE 1st… then the BUYER SHOULD PAY TAXES (SELLER is debited  prorata) Closing between JUNE 1st and JULY 2nd…  then call your Real Estate Lawyer and we will adjust, negotiate and discuss Closing after July 2nd… then the SELLER SHOULD PAY TAXES (Buyer is debi...

Did you know that you don’t “own” most of the beach The Province owns the land up to the “Present Natural Boundary” of Okanagan Lake (usually this is the high water mark) Therefore all docks, and the rights to use them are held “at the pleasure of the Crown” through grants of “SPECIFIC PERMISSION” Thi...

In a strata community (including condos, townhouse and bare land strata) home owners choose to be “all in it together” The common vision for the community is enforced by strata rules and bylaws Restrictions include:Pets – number and type of animals allowed Age – some properties are adult living only where s...

Both a Seller and a Realtor MUST disclose any material latent defects to the purchaser of a property  For Example, asbestos, oil tanks, urea formaldehyde, structural defects  Excepting these types of defects, a home is usually sold “As-Is”, meaning its buyer beware  Buyers are advised to do their own due diligen...