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Real Estate

Articles written by Krische & Co. Notaries on real estate.

Tenants vs. Tenants

Joints Tenants vs. Tenants in Common: Ownership Considerations for 2+ Property Owners

All Articles, Estate & Personal Planning, Real Estate /

When you purchase a property alone, it’s clear what your responsibilities are because you own 100% of the property. But what happens if you purchase a property with someone else? How can you define and characterize the nature of your ownership of the property? Deliberate and strategic registration of legal ownership of property is a […]

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BC’s Land Owner Transparency Act & Registry

BC’s Land Owner Transparency Act & Registry

All Articles, Real Estate /

Summary The Land Owner Transparency Act (LOTA) aims to provide clarity as to who benefits from landholdings through the enforcement of disclosure and filings (declaration and/or report) at the Land Owner Transparency Registry (LOTR). The filing requirements can be complicated, so land owners and reporting bodies should consult with a legal professional to determine their

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Legal and Beneficial Ownership of Real Estate

Legal and Beneficial Ownership of Real Estate

All Articles, Real Estate /

Understanding the difference between legal and beneficial ownership is critical to ensuring that parties recognize their rights and obligations. This is important for those who already own property, but also for those who are purchasing or acquiring an interest in property; knowing the options and exploring how to best structure ownership (including bare trusts and

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Reale Estate Dates

Key Real Estate Dates and What They Mean: Completion, Possession and Adjustment

All Articles, Real Estate /

There are three critical dates that are written into all real estate contracts: Completion, Possession and Adjustment dates. Although they can sometimes be the same date, there are critical differences between them all. Completion The Completion date is the day on which the real estate transaction is legally registered at the Land Title Office (LTO). Completion must always be a week-day. In

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