Information About Pazder Law Corporation Blog
Below is a preview of the five most recent posts from the blog Pazder Law Corporation Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- COOLING OFF PERIOD FOR BC HOME BUYERS
Will the three-day rescission (“cooling off”) period mandated by the provincial government allow BC homebuyers to cool off like these show dogs? I doubt it, but you be the judge. During the last twenty years, BC has experienced numerous periods of excessive residential real estate activity, the late … Read more »
- Do you need a lawyer to review your pre-sale contract?
With a shortage of housing inventory on the market, many buyers have turned to pre-sale purchases. A pre-sale purchase involves entering into a contract to buy a strata unit which has not yet been built. The condominium project containing the subject unit may still be a hole in the ground or a part … Read more »
- Proposed Rescission Periods for Residential Property Sales in BC
Recently the BC government announced that it will implement changes to the way individual residential properties will be bought and sold in this province. One of the key changes will be the introduction of a mandatory rescission period for buyers which is colloquially referred to as a “cooling-off p … Read more »
- SAME DAY CLOSINGS – Can you do them?
We are often asked whether we can act for a client who is selling one home and buying another on the same day. Is this possible? Is it a good idea? Firstly, IT IS POSSIBLE. We have acted on a few hundred of these “same day closings” over the last twenty five years and all but few have completed on … Read more »
- Should you try making a “referential offer” in a multiple offer situation?
In the current, frenzied real estate market the dangerous phenomenon of “no subject” offers has returned yet again. Subject conditions in real estate offers allow a buyer to conduct his or her due diligence prior to having the contract of purchase and sale become legally binding. Subject conditions … Read more »