As of the date of this article, the Alberta Land Titles Office is taking nearly three and a half months to complete the registration of most submitted documents.
While it is not common, from time to time we do see a real estate transaction fall apart in the days and even hours leading up to closing and possession.
In every real estate transaction, there are tax considerations the Seller and the Buyer will need to address. One of the most important, and often most confusing to deal with, is whether GST is or not applicable.
The topic of Dower and Dower rights commonly arises in real estate property transactions. Quite simply, a Dower right is a married person’s right to occupy the dwelling where they and their spouse live, and which is owned solely in the name of their spouse.
Issues surrounding cohabitation as it relates to real estate and the role a cohabitation agreement can play.