Best Landlord & Tenant Attorneys in Surrey, BC

Our quotes include all the registration costs, professional legal fees, disbursements and taxes required to complete a standard transaction. For all other possible expenses that may apply please click here to view a complete list. If you are unclear as to whether any additional expenses will apply to your particular transaction please feel free to contact us directly.

Your Contract of Purchase and Sale will make reference to three very important dates. The completion date, the adjustment date and the possession date. Once your land transfer documents and your mortgage documents have been successfully filed in the Land Title Office, our office will receive a registration number which we will then forward to the vendors lawyer (along with full payment) and to your realtor. This indicates that your property purchase has been successfully completed at which point your realtor will arrange for transfer of the keys at noon (or otherwise stated on your contract) on the possession date. This date is typically one day following your completion date.

Adding or removing a person from title occurs by submitting a new Form A document into the Land Title Office, registering the property in the names and tenancy to which you have agreed. We will advise you on the Property Transfer Tax ramifications of your transaction, and submit any/all tax payments to the government on your behalf. If you are removing someone from title, make sure that you also have them removed from any mortgages or other encumbrances that they may have been responsible for as owner of the property and that you honour any additional agreements that you and the party being removed from title may have. If you are contemplating a title transfer (either adding or removing someone from title) please contact us and we will be happy to act for you and answer any further questions that you may have.

Unless your mortgage money is being borrowed for a business purpose, mortgage interest is typically not tax-deductible in Canada. In other words, interest on borrowed money can be tax deductible if the money is borrowed to earn investment or business income only. This information has been provided for you as a courtesy only and is not to be taken as tax advice. Please speak to your accountant or contact us and we will be happy to refer one to you.

As long as you have capacity, you can revoke any Power of Attorney you have signed. The procedure for doing so depends on the type of Power of Attorney in question.