Updates

May 1, 2024 Capital Gains Increase Coming You probably know the rate of tax payable on capital gains is increasing as of June 25, 2024. What you may not know is that some clients may want to trigger the capital gains now, rather than wait until after June 25.  Some elderly clients may...

April 3, 2024 A bit of a sales pitch here, but we recently conducted a SWOT analysis and asked many of you for feedback. One of the many replies was that you would like to send us more files, but the Coquitlam office is not convenient for many of your clients. While our head office is located in...

March 18, 2024 Real Estate Fraud An article in the Financial Post (Homeowners, realtors should take steps to protect against title fraud: experts | Financial Post) advises people to take title insurance to protect themselves against fraud. While title insurance will pay out in the event of...

March 13, 2024 It has been a couple weeks since the BC Budget was tabled, and while not all details are known, there is a bit more clarity. This email will answer our most frequently asked questions. More information (and answers to other less frequently asked questions) can be found an our...

It has been a couple weeks since the BC Budget was tabled, and while not all details are known, there is a bit more clarity. This email will answer our most frequently asked questions. More information (and answers to other less frequently asked questions) can be found an our website at BC Budget...

The BC NDP Government has been active to start 2024. Last week, the provincial budget was tabled, and a couple big changes are coming to the real estate market. Updates to the Property Transfer Tax (PTT) Framework The 2024 provincial budget the BC Government is making three significant...

Real Estate (Non)Disclosure Gone Wrong Stigmatized properties create risks for home buyers, even if the risks aren’t what you might expect! This story out of Ontario highlights how important disclosure is and the pitfalls if it’s not done properly. Recently, a Toronto Raptors player...

Re:  Videos on Spags Website   Good morning, my team has finally convinced me to resume our videos.  Our website (www.bcrealestatelawyers.com) currently has information on Property Transfer Tax, Goods and Services Tax, Stigmatized Properties, Title Insurance and a few other topics, but...

Re: Bye Bye Video Appointments   Good day everyone, just a reminder that as of the end of day today we are no longer allowed to meet clients using video technology, except in very limited situations. If your clients are out of town, they will either need to get here and meet us in...

Effective September 30, 2023, LTSA's COVID-related remote witnessing measures will be retired, in line with the removal of province-wide COVID restrictions.  Lawyers and Notaries will no longer be able to use video technology (Zoom, Microsoft Teams, etc.) to witness signatures for land title...