New Legislation to Help Canadians Sell Family Business Without Tax
Do you have a family-owned business? Is it time to retire after years of hard work? Do you want to sell to a family member, perhaps a child or children
Barry C. McGuire
Barry C. McGuire: Real Estate Lawyer, Investor, and Teacher in Edmonton. A law blog for regular people, making Alberta real estate easy.
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There’s More to Life than Work
For the Love of Dog
It was a dark and stormy night on a rain drenched highway in Spain. My niece Kiki and her boyfriend Jesus were driving to the family village for the weekend.
They slowed down to avoid…
Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and Stigmata
Podcast Episode 132: “(Un)attached Goods, Defects, and Stigmas.”
Negotiating an Offer to Purchase for a piece of real estate is about more than just the price. In this blog post, I’ll start by looking at two key points that must…
Rent-To-Own Focus Workshop Featuring Neil & Rachel Oliver
Struck Corporations, Land Titles, and Tax in Alberta—Part 2
Corporate Matters Still Matter
This is a follow-up to a previous blog post about the real estate woes of a corporate client who was in hot water because of an outstanding mortgage balance, loss of ownership of the property, and…
Renovated Basements Without Permits and Inspections Come Back to Haunt Buyers
Podcast Episode 131: “Renovation Heartbreak.”
Dishonest, fly-by-night, or even inexperienced renovators can leave a trail of heartbreak. Buyers happily move into their newly-purchased, freshly-renovated home, but problems often don’t show up till later. Here are three recent scenarios from my real…
Third Preventable Flood at Alberta Home; Who Is Liable?
Podcast Episode 130: “Third Flood.”
Recently, some Alberta homeowners finally ran out of patience when their property was flooded—again. They lived on the lower end of a sloped street, and water flowed down the block from the higher end when…
Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance?
Podcast Episode 129: “Home-buyer’s Dilemma.”
Seems like I’m always finding examples to write about regarding real property reports (RPR) and how they fit into a real estate transaction in Alberta. Land surveys, as RPRs are also known, should be…
Agreements For Sale (AFS) Focus Workshop
Saturday, August 22nd
An All-Day Virtual Event
Why Now Is A Good Time For The Agreement For Sale Strategy:
The past few years of Economic activity (or lack of), Government ‘tinkering’ with the mortgage rules, and financial uncertainty, have created…
Real Estate Cage Fight: Restrictive Covenants vs. City Bylaws
Podcast Episode 128: “Secondary Suite Grudge Match.”
Would-be Calgary Landlord Builds Legally-Approved Secondary Suite but Gets Stifled by Restrictive Covenant on Title for Neighbourhood’s Single-Family Dwellings.
And now for the main event! This Real Estate Regulation League title fight is…