Ridout Barron

800-539-1377
587-315-8454

Posts tagged "Real Estate"

Real estate agent commission can be saved when selling your home

Anyone who sells a residential property in Alberta would naturally want to get as much money as possible for it. Having to share the proceeds with a real estate agent can make a significant dent in the financial outcome of such a transaction. The entire process can be navigated with the support and guidance of legal counsel.

Real estate issues are just part of acquiring a business

The first thing to do when acquiring a business in Alberta is to decide whether to start a new venture, buy an existing business or purchase a franchise. Along with the cost to acquire commercial real estate, the running expenses, projected returns, the value of the time and attention it will require must be considered. Knowing and understanding how the business will meet the goals of the purchasers will improve the chances of success.

Purchasing residential real estate needs careful planning

Anyone in Alberta who plans to purchase a home will need to consider various issues before signing a sales agreement. This is true regardless of whether it involves residential real estate or commercial property. Potential buyers need to plan ahead and focus on some essential steps.

Holdbacks And Lien Funds

In previous posts in this series, we defined construction liens, then looked at registering liens, and preserving and enforcing liens. In this post, we’ll examine holdbacks and lien funds. They are distinct yet related to each other. These constitute the monies owners must keep in reserve or pay to remove liens from the title to the lands.

Homebuyers’ heartfelt letters persuade homeowners to sell

In an era of high demand and higher bids for homes, buyers who write warm personal letters to sellers often win the bidding war and buy the house they want. This is a growing trend that some realtors say ‘must’ be part of an offer if a buyer wants to have any hope of purchasing the property.

Beware of capital gains tax when buying a non-resident’s property

Buying a house is very expensive. Paying capital gains tax to the Canada Revenue Agency (CRA) is the last thing a purchaser wants to do. But this happens when purchasers buy property that is owned by a non-resident of Canada without working with a lawyer experienced in these types of transactions.

Alberta real estate has lowest land-transfer taxes in Canada

There are many hidden costs involved in purchasing a property. One of these is land-transfer taxes, which can be extremely high in hot real estate markets like Toronto and Vancouver. A recent nationwide comparison of 25 major Canadian real estate markets found that the Alberta cities of Calgary and Edmonton had the lowest land-transfer taxes from sea to sea.

Contact

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish a lawyer-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Contact

Ridout Barron
1827 14th Street SW
Calgary, AB T2T 3T1

Phone: 587-315-8454
Fax: 403-271-8016
Calgary Law Office Map

We Use Skype