Purchasing a home, or any property for that matter, is an exciting time. However, it’s a large purchase to make. Therefore, buyers who discover that they’ve been deceived may need to seek legal counsel to remedy the issue. In many cases, buyers will need to spend even more money to make repairs. Sometimes they’ll realize that they can no longer…
Real estate conveyancing is often exciting, but can be frustrating. Whether you’re buying a new home, transferring titles to a property, or selling your home, the team at Sodagar & Co. can guide you throughout the process. We are confident in our abilities to help you. From assessing your needs to drafting and filing the necessary documents, we can provide…
It’s no secret that the greater Vancouver housing market is an active one. However, given the number of transactions that were underway during the COVID-19 outbreak, it makes sense for contract-bearers to worry. A series of legal issues have risen, and continue to rise, regarding negotiating new transactions, transactions in progress, and lastly, transactions with binding contracts yet to close.…
A difficult decision that business owners need to make is whether to buy or lease their place of business. There are many factors that need to be considered when deliberating between each option. Below you will find a list of pros and cons for buying and leasing commercial real estate. As a result, you will be able to effectively weigh…
Acquiring commercial space is often stressful and complex. However, it may be a smart business investment and integral to your business plan. Therefore, it is critical that you do your due diligence prior to sealing the deal. This involves planning, researching, and ensuring that your choice of space and acquisition method meets your needs as well as maximizes your investment.…
The coronavirus outbreak has affected everyday life with the media playing a large role in instilling panic through sensationalized headlines. The general public’s fear of the unknown coupled with misinformation has already led to a shortage in personal supplies such as hand sanitizer, face masks, and toilet paper. Thus, it is logical to assume that the real estate market, too,…
As an owner in a strata-operated property, do you wonder how you can challenge a strata council’s decision? As a strata council member, do you wonder how you can enforce the bylaws effectively? The Fine Effective late-2018, the maximum fine that a strata corporation may set out in its bylaws for the contravention of a bylaw that prohibits or limits…
In some cases, buyers may change their minds or realize that they are no longer financially able to follow through with their purchase. However, reneging has proven to be quite expensive and stressful. Therefore, it is important that buyers are well aware of what they are getting themselves into and the terms by which their offer is based on. An…
Canadian home sales have fallen due to the tougher mortgage qualification rules that have deterred prospective buyers. The real estate market tightened its regulations in an attempt to make certain that buyers will be able to sustain potential fluctuations in their economic standing. This may be in terms of interest rate volatility, should their interest rates surpass that of their…
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…