Murder Disclosure When Real Estate Is Sold

Violent, Gang-related Death at a Vancouver Mansion Leads to Lawsuit re What Sellers Must Reveal to Buyers in Real Estate Transactions

When selling a house in Canada (and other jurisdictions with similar legal systems), a vendor must typically disclose certain types of defects in the property to potential buyers. Now, what if murder, suicide, or other nasty violence occurred in the house? How much does a seller have to reveal? The short answer is that a seller is only obligated to reveal the death if specifically asked about it by the purchaser. The legalities of the long answer are much more interesting, as this blog post will elaborate with an example from Vancouver, British Columbia. Continue reading

Walk Away From a Real Estate Deal at Your Own Peril!

Podcast Episode 116:

“Failure To Close? More Than Your Deposit Is At Risk!”

A real estate purchase contract is a legally binding agreement. If the buyer doesn’t meet their obligations by closing the purchase, there can be financial repercussions. At a minimum, the buyer will lose their deposit. But it can be far, far worse. In this Tale, a BC real estate buyer didn’t close and ended up paying for it after the courts ruled in favour of the seller.

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Title Insurance

Podcast Episode 77:
Is Title Insurance Worth It?

In Western Canada, title insurance was created to cover problems with real property reports, but did you know that it also covers many other issues? In this Tale, we have a case where the lender got title insurance, but the buyer/homeowner did not. When there was a $21,000 claim made regarding gap registration, the matter went to court. This problem could have been avoided with a mere $50 of extra insurance! Many of the Tales I tell are like this one, which is all about helping you avoid other people’s mistakes.

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How to be a Legal Landlord

landlord tenant law

Podcast Episode 72:
The Basics—The Legal Side of Landlording.”

In my 40-plus years of experience as a lawyer, I have observed many common situations that real estate investors have the same questions about. My answer is: it’s all about The Basics. One of those questions is how to be a landlord. As an attorney, I suggest that one of the most important parts of being a landlord is carefully following the legal rules for renting properties. In order to do this, you need to know the law in your area. Luckily, governments usually have all kinds of resources to help people who aren’t lawyers to learn the rules. You also need to have a system in place that makes sure you can consistently do things by the book. In this Tale from the Trenches, we have a property manager who unlawfully evicted a tenant, and a landlord who paid the price.

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