Tag: agreement

Dispute Resolution & Arbitration: What to Consider When Entering into a Commercial Agreement in British Columbia

Conflict in commercial relationships happen, and the mechanisms chosen to handle these disputes should be given a sufficient amount of thought and planning. All too often, parties turn to litigation to resolve their legal disputes before considering other dispute resolution processes. One process that has become increasingly visible and relied upon as an effective alternative to pursuing litigation is arbitration.…

12 Must-Haves for a Residential Tenancy Agreement

Landlords need to prepare a written agreement for every residential tenancy. However, a verbal agreement is still valid and enforceable. It’s also important to note that the standard terms found in the B.C. Residential Tenancy Act (RTA) still applies regardless of whether a written agreement is present. Additional Considerations Paying a security deposit confirms tenancy Tenants and landlords must both…

Key Considerations for a Joint Venture

Joint ventures (JV) are quite common when two or more parties want to start a new project or reach a particular goal. However, prior to entering such an agreement, it’s important that each venturer is protected. By outlining each partner’s expectations in the beginning, they’ll most likely avoid conflict down the road. The goal is to protect each individual’s business…

Non-Compete vs. Non-Disclosure Agreements

Courts are responsible for determining whether non-compete and non-disclosure agreements are enforceable. This is because employee mobility is high with employees seeking different opportunities and consequently, employers seeking security.  In terms of employment, non-compete and non-disclosure agreements are legal instruments that restrict the actions of an employee. These restrictive covenants essentially protect the well-being of a company. For example, former…

5 Considerations When Creating Your Will

The “accumulation years”, the time you spend on working and acquiring assets for both your personal and financial future use. During this period, you pursue your interests and donate to charities, own businesses, invest in stocks, and purchase property. Regardless of the type of assets you possess, you will most likely want them protected and deliberately distributed amongst your beneficiaries…

Contractor Disputes

Vancouver’s real-estate market has been on the rise and contractors are in high demand.  From the maintenance of a real-estate investment to renovating or building a house; more people are generally inclined to enter into an agreement with a contractor or builder.  An agreement struck with a contractor for restoration, renovation or building services fall within the scope of contract…