Can You Explain Sellers’ and Buyers’ Contractual Obligations?
January 31st, 2012Buyers and sellers with signed contracts that are legally binding have many contractual obligations.
Here are a few examples:
Included items
The standard form, Contract of Purchase and Sale, contains this clause:
“The Purchase Price includes any buildings, improvements, fixtures, appurtenances and attachments thereto, and all ...

In BC, REALTORS® use standard form real estate contracts. The wording and terms of these contracts have been prepared by BC lawyers and have been tested in Canadian courts. Multiple Listing, Buyer Agency and Exclusive Listing contracts are made be ... 
In real estate, like many other fields, professional representation is available for every step of the process. How much or little representation you need or want will depend on your knowledge and background in real estate, as well as the amount of time you have to dedicate to the process.
Selling your home is a complicated process. It’s natural to feel overwhelmed by the magnitude of details involved, but the experience can be very manageable—and educational!—when broken down into its component parts and plotted out into steps. The following is a list of common pitfalls encountered during the home-selling process. Use these as a ...
An annual local government tax levied on real property based on BC Assessment’s estimated market value. Local governments calculate the tax by dividing the annual budget by total assessed property values. In rural areas, the province assigns the tax rate. Rates vary among property classes: residential, business, light and heavy industry, farm ...
Property owners throughout BC received their 2012 assessment notice the first week of January from BC Assessment (BCA).
Interest rates are at an all time low (2.99% 5yr fixed term). If you have put off buying your first home, you may want to consider buying now while you can get more for your money. 



