Echelon Law Corporation

Echelon Law Corporation updated their business hours.

Echelon Law Corporation updated their business hours.

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City website will let residents report vacant homes in Vancouver

City website will let residents report vacant homes in Vancouver The City of Vancouver wants to develop a website that would allow residents to report vacant homes. The news comes from an April 20 memo sent to mayor and council from the city’s chief housing officer, Mukhtar Latif, who was…

Supreme Court quashes mandatory minimum sentences for gun crimes

Supreme Court quashes mandatory minimum sentences for gun crimes The Supreme Court of Canada has ruled that the Harper government's law requiring mandatory minimum sentences for gun crimes is unconstitutional, upholding a lower court ruling.

Happy Norooz to all those who celebrate the Spring Equinox!

Margot Bentley case highlights irrelevance of living wills in B.C.

A "living will" is not a legally enforceable document. Do a Representation Agreement.

Margot Bentley case highlights irrelevance of living wills in B.C. The case of Margot Bentley is highlighting the uncertainty of living wills under legal scrutiny but there are other options for those who who want their end-of-life plans to be honoured.

Bright Centrally Located 1 Bedroom & Den VGH / Fairview Area | 1 bedroom + den | Vancouver | Kijiji

Bright Centrally Located 1 Bedroom & Den VGH / Fairview Area | 1 bedroom + den | Vancouver | Kijiji excellent location • kitty-corner to vgh • walking distance to trendy south granville shops and restaurants, granville island, kits beach, 4th avenue shopping and so much more; • great public transportation anywhere. located on several major bus routes along the broadway and oak street corridors; ve…

BASS Rule of Thumb
There are a number of areas where the interests of a purchaser and a vendor naturally diverge in the buying and selling of a business. There is a general rule of thumb known as Buy Assets Sell Shares (BASS). Generally, purchasers want to buy assets and vendors want to sell shares.

When it comes to negotiating the terms of a commercial lease between landlord and tenant representatives, there are many techniques and strategies that can be employed. There are three key elements that one should keep in mind: Attitude, Understanding and Creativity. Act aggressive and obstinate and you'll lose the respect and attention of all sides.

Fraud alert

Real estate firm's licence suspended and receiver appointed

The Real Estate Council of BC (RECBC) has suspended the licence of 8th Avenue Elite Realty Ltd., dba 8th Avenue Elite Realty ("Elite") in Surrey, and has frozen its bank accounts. The RECBC says it suspended Elite's licence in the public interest, as a result of the failure of the firm to account for trust monies held on behalf of clients.

It is now common practice for Landlords in commercial leases to provide a variety of inducements to tenants in order to lease space. If you are a landlord of commercial property, beware that different types of inducement result in different GST consequences. Make sure you speak to a lawyer or an accountant proficient in GST issues to understand.

Apparently there are somewhere in the region of 50 underground streams in the City of Vancouver. Once teeming with salmon and trout, they now run forgotten under houses and streets. If you are buying a house, it's always worth checking its location against the city's network of underground streams - having your basement flood or (worse) house collapse into a stream is usually an undesirable outcome.

Manijeh Moieni - Canada | LinkedIn

Manijeh Moieni - Canada | LinkedIn View Manijeh Moieni's (Canada) professional profile on LinkedIn. LinkedIn is the world's largest business network, helping professionals like Manijeh Moieni discover inside connections to recommended job candidates, industry experts, and business partners.

When you are selling a commercial property or even a residential property owned by a company, you must collect GST on the purchase price. It is the obligation of the buyer to pay the GST. But it is the duty of the seller to collect it from the buyer and remit it to the Canada Revenue Agency. If GST is not collected, CRA will go after the seller first.

BC Laws

There are specific rules for powers of attorney dealing with real estate

The Land Title Act requires the attorney to do certain things and follow certain procedures, and there are certain rules that apply. For example, a power of attorney dealing with real estate is only valid for three years from the date of signing, unless otherwise specified, or unless it is an enduring power of attorney as described in the Power of Attorney Act, which has been filed in the Land Title registry in accordance with the Land Title Act. You can get a copy of the Land Title Act at your local library or find it on the government’s legislation website at www.bclaws.ca. Because real estate involves large amounts of money, you should consult a lawyer for real estate transactions rather than trying to do it yourself.

BC Laws BC Laws provides free public access to the early unofficial consolidation of British Columbia laws.

If you purchase new or substantially renovated home between April 1, 2013 and March 31, 2015, in addition to Goods & Services Tax and Property Transfer Tax you will be paying BC Transitional Tax at 2% of the purchase price. So don't forget to budget for that. It can add up to a pretty penny.

If you purchase new or substantially renovated home between April 1, 2013 and March 31, 2015, in addition to Goods & Services Tax and Property Transfer Tax you will be paying BC Transitional Tax at 2% of the purchase price. So don't forget to budget for that. It can add up to a pretty penny.

What is an executor, and what does the executor do?
The executor is named in a will. In general, the executor gathers up the estate assets, pays the deceased’s debts including taxes, and divides what remains of the deceased’s estate among the beneficiaries.

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Family Law has change significantly in the recent months. Make sure you know your rights. Do a prenuptial agreement!

If you own real estate in the USA, beware of tax and probate issues. In some states of USA, like Arizona, you can do a Beneficiary Deed to avoid probate fees.

Real Estate PREP

We are thrilled to announce the opening of our real estate school: Real Estate Prep. Check it at www.realestateprep.ca!!

Real Estate PREP Just another WordPress site

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If your business is located outside BC but within Canada, you need to register to collect PST if you solicit customers in BC and accept orders for the purchase of taxable goods, software or telecommunication services and provide them to customers in BC.