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Find The Perfect Litigation Attorney

If you own real estate and are being made the subject of a lawsuit, finding the best Vancouver Real Estate Litigation attorney should be at the top of your priorities. The biggest mistake you could make in such matters is to work with just any attorney you come across. The best decision you can make is to hire the best real estate litigation.

Instances That Require Legal Action

If your tenants feel that you wrongfully evicted them, they will rush to the Vancouver courts to file a wrongful eviction motion. In such a case, you will need assistance and expertise of an law firm to help you win the following lawsuit. Similarly, a tenant who feels that he was wrongfully evicted is also free to use the Vancouver real estate litigation services.

Some sellers are possibly being untruthful to buyers during the sale of a piece of property. A buyer who feels deceived or shortchanged can take legal measures against the deceptive or insincere seller. The services of an attorney with expertise in real estate litigation Vancouver would be necessary to file lawsuits regarding deceptive or unfair trade practices by a buyer against a seller.

Breach of Contract also falls within the ambits of an attorney specializing in real estate litigation. For example, when a tenant believes that the property owner increased the rent illegally, rather than feeling a sense of despair and despondency, he can file a lawsuit in any Vancouver court to force the owner to lower the rent to the previous figure.

Other instances where the services of an attorney specializing in real estate litigation would be necessary, include matters regarding property purchases, foreclosures and boundary disputes, among others.

By |2019-11-09T16:37:08+00:00November 9th, 2019|Law, Real Estate|0 Comments

Hire a Real Estate Attorney When Buying a Home

When a buyer is not familiar with the process and would want to get rid of the tedious and meticulous details of processing the application for mortgage to the processing of closing costs in Vancouver, it would be best to use a real estate attorney and save on time and cost in the long run. You just have to get a lawyer with a reasonable rate.

Sometimes lawyers tend to charge exorbitant fees when they know that the buyer does not have any idea about the buying process. They make things appear complicated to justify the costs. You wouldn’t want to fall into this trap. Hence, it will be best to do your own research and know the right questions to ask as you negotiate to avail the services of a real estate lawyer.

There are reasonable and honest lawyers who will really help you through the process and because of experience and their influence they can sometimes solve some concerns like credit report ratings, subject removal BC and the like. These are important factors that can affect the approval of a mortgage and it would be best to handle them before applying for that loan. With this step, you are sure that the results will be favorable. Such advice can be given by a real estate lawyer and he has ways to handle your concern before it becomes a problem for the approval process.

With a real estate lawyer beside you, you can also be sure that your interest is protected. He will be asking the right questions and can even negotiate for a lower price from the seller especially that he will have an idea of comparable and competitive sales in the area. The agent’s commission may also be transferred to your shoulders without you knowing it. In these cases, a real estate lawyer will be of great help and assistance. The money that can be saved for a better deal can be justified to be given reasonably to your lawyer.

It is important to note though that you should be in control of the whole process. It will be best to be there when important transactions or negotiations are handled so you know the whole picture and not just rely on the recommendations of your lawyer. You can also suggest and make your judgments for consideration to some critical decision elements.

Being in control is important to make sure that you will not be wasting your resources for a minimum effort exerted in the closing of the deal. It will be wise to know why you have to sign the documents because you were there during the major parts of the buying process.

By |2019-11-09T16:34:45+00:00November 9th, 2019|Law, Real Estate|0 Comments

Construction Lawyer’s Job: An Overview

Construction lawyers in Vancouver work on various aspects related to building constructions. They need to handle many things starting from bidding by developers to workers’ compensation. Checking land contracts and building contracts are also included in the work list of a construction lawyer.

Qualification of a Construction Lawyer

Construction lawyers are no different from other lawyers. They need to complete four years in a college and a law school. Once they get their degree they need to pass the BAR examination in order to obtain certification to practice construction law.

Skills of a Construction Lawyer

Construction lawyers should be aware of the ins and outs of Vancouver  construction law. They should have a good understanding of the industry. They should possess good communication skill. They need to be very organized. A construction lawyer may have to work for long and work at odd hours.

Basic Works of Construction Lawyer

Before a project begins a construction lawyer Vancouver needs to ensure that all the bases have been covered. They need to make sure that houses and commercial buildings are built on lands that have been sanctioned for development. A construction lawyer also sees to it that a project has the required financial backing.

By |2019-11-09T16:32:51+00:00November 9th, 2019|Law, Real Estate|0 Comments

Why use a conveyancing solicitor?

When you have decided to buy a property, there are some important things that you will have to think about. From the buyer’s point of view, the conveyancing is done mainly in five stages. These five stages include the pre-contractual stage, the act of exchanging contracts between both parties, the period between exchange of contracts and completion; then comes completion, and finally the stage after completion.

Most major cities in Canada like Vancouver have a quality range of experienced conveyancing solicitors.

Those buying home would invest in a conveyancing solicitor to ensure that they are seen as the legal owners of the land and the property resting on it. A good solicitor would be able to spot any discrepancies which could potentially impede a sale, such as the seller not being the legal owner of the property.

It is important to take your time when selecting a conveyancing solicitor Vancouver to represent you. Some conveyancing solicitors will offer guarantees such as no move, no fee, online case tracking and no hidden charges. It is certainly worth searching online for local solicitors to have a browse around for the best deals for you and your family. However, most home-owners are just keen to select a solicitor who can do their job in a quick, efficient and cost-effective manner.

A typical conveyancing process can take around 12 weeks to complete. However, this can dramatically vary depending on several legal, personal social and financial factors.

Moving home can be a stressful experience at the best of times. Many people are keen to hire the most experienced conveyancing solicitors in the market so that they can reduce this stress as much as possible.

By |2019-11-09T16:31:22+00:00November 8th, 2019|Law, Real Estate|0 Comments

What is a Lease Purchase Homes?

A Lease Purchase is a contract with a Tenant/Buyer in which he can lease a property for a certain time period with a monthly rent payment, and with more responsibilities than a renter. The “Option” is the agreed-upon price of the property that can be exercised by the buyer to purchase it at any time during the lease period.

Lease Options are commonly known as “Rent to Own” and “Lease Purchase”. In a Lease Option you are the Tenant/Buyer, and tenant/buyers have a legal, equitable position in the property which is highly recognized by lenders.

Tenant/Buyers are required to pay an Option Consideration (also known as the down payment) on the property which is non-refundable. Choosing to be a tenant/buyer in a Lease Option while working with a lender and utilizing our optional third-party credit repair program gives you an opportunity to eventually own a piece of the American Dream.

Lease Purchase Homes

What are the benefits of buying a house on a Lease Purchase?

  • It is much easier to qualify for a loan with the history of being a Tenant/Buyer in a Lease Purchase than the history of being a renter in a lease.
  • During the time of the Lease, on your way to becoming an “A-credit” buyer, you can choose your own colors to paint, or to remodel or update the property.
  • The monthly rent payment during the term of the Lease is locked in and can not be increased.
  • The Option Price is locked in and can’t be increased during the lease term, which gives you a position to build equity.
  • The Option to buy is exclusive which means the seller can’t sell the property during the term of the Lease Purchase.
  • Tenant/Buyers win by getting to own a home in a shorter amount of time than it would take them if they were trying to buy conventionally.
  • Tenant/Buyers are able to immediately occupy their new home while qualifying for a loan.

Bottom line, the power of the Lease Purchase legally puts the home renter into the position of being a home buyer. And now the home buyer becomes highly recognized by lenders as a “tenant/buyer” who holds a legal, equitable interest in the property during the term of the lease.

By |2019-11-01T14:59:47+00:00November 1st, 2019|Real Estate|0 Comments