Use a Real Estate Lawyer at the Beginning, not the End
If you are buying or selling a home in British Columbia, there are a number of benefits to consulting a real estate lawyer at the beginning of the process. Why would anyone sign off on a contract involving hundreds of thousands of dollars and then have the lawyer review it?
- They are trained to be your advocate and can provide impartial advice and assistance based on their experience and expertise
- With their staff, they can provide information from ancillary products to conveyances such as title insurance, which for a modest one-time fee, can reduce the risks associated with purchasing real estate
- They can identify issues including GST liability, non-resident holdback requirements under the Income Tax Act or ineligibility for special tax exemptions
- They can assist in identifying legal issues arising during unusual occurrences thereby avoiding litigation and damages
It's like building a bridge yourself then having an engineer review it.
Paul Nettleton acts as a lawyer in a real estate and mortgage practice in our office. Let him know if you'd like him to be involved at the beginning of your process.
