Family Property Guide Series | Issue One 🔹 In Simple Terms Not necessarily. The name registered on title is important, but in Alberta it does not, by itself, necessarily determine the final division of family property on separation. The legal result can depend on the...
🔹 Intro In real estate transactions, agents often ask: “As long as there is a holdback clause in the contract, does it guarantee that the seller will resolve a certain issue or repair a home defect?” Although the original intent of a holdback is to...
🔹 Intro A common question from clients in Alberta real estate transactions is: “Why do I need my spouse to sign something when they are not on title?” 🔹 Section 1 — What is Dower? Under Alberta’s Dower Act, a married person’s spouse may have...
What You Need to Know in Alberta 🔹 Intro A recent federal policy has introduced significant benefits for first-time homebuyers. The GST rebate is now in effect and can substantially reduce the cost of purchasing a new home. 🔹 Section 1 — What Is the...
🔹 Intro In many Chinese families, a common situation arises when purchasing a home:Parents provide the money, and the child buys the property.However, legally, there are many issues here that are easily overlooked.Many families only begin to seriously think about these questions years later, or...
