We all go into business and land partnerships with the best intentions. Many of these arrangements are profitable and offer new ways to finance the purchase of real estate and build businesses. Unfortunately, these plans can backfire and interests you sought to advance can become severely threatened. Co-ownership of real estate is one example where

There are many things that can hamper a real estate deal. A house may not have the marble countertop you were looking for or the yard may not have a fence to offer more privacy. These are minor issues that a motivated homeowner may be willing to live with in order to secure a suitable

Main Takeaways: The main difference between tenancy in common and joint tenancy is what happens to the land when one of the co-owners dies. For a tenancy in common, when one of the owners dies, their interest in the land forms part of their estate to be distributed in accordance with the deceased’s will, or in

One of the biggest frustrations a homeowner can face is a dispute with a neighbour over property boundaries. Property line disputes with neighbours can lead to ongoing hostility and controversy that cause stress and even can make it difficult to continue living in an area. If you’re involved in a property line argument with a

Disputes regarding the ownership and use of land can have extremely serious financial consequences and can affect the way you are able to enjoy your property. For this reason, these disputes can quickly become acrimonious and often result in litigation. Although  land ownership disputes can involve disagreements about who owns a particular parcel of real

Many people in Vancouver and throughout British Columbia choose to purchase real estate with another person, usually for property investment purposes.  Family members can also find themselves jointly owning land as a result of an inheritance or a gift made as a result of an estate plan.  One of the important aspects of joint or

A high fence in British Columbia may be helpful when a homeowner has children or even a dog, but what if the fence crosses onto the neighbour’s property?  Even more difficult is when a neighbour’s building crosses the property line or creates a safety concern. Section 36 of British Columbia’s Property Law Act[1] offers a

A purchase contract is a key document in a Vancouver real estate transaction. It speaks to the rights and obligations of the parties with respect to a real estate transaction involving “fee simple” land or a state property.  It is also an exchange of promises to do something in the future.  As soon as those

Joint-ownership of a recreational property is not always easy. Peaceful co-existence within a family can sometimes be more fantasy than reality when family members disagree on the use, improvement or transfer of partial ownership interests in a vacation property. Vacation Property Ownership Agreements Recreational land can end up being owned by a number of family

What happens when two people who own property together (joint tenants or tenants in common) can’t agree on what should happen to their land.  When co-owners agree to list the house for sale and to divide the profits, or alternately implement a buy out of one owner’s share, the process can be fairly easy and