Sustainable Real Estate Property Transactions Avoid Construction Defects and Litigation
Earth Day month brings to mind renovation and construction projects for many BC real estate property owners. They may aim for sustainability as they install improvements and upgrade the places we reside in or work and recreate. In today’s post, real estate litigation lawyer Arsen Krekovic offers tips on dealing with construction defects that may occur in the process of feathering your nest or...
Pitfalls in Property Purchase? Consult a Real Estate Lawyer Now
Your search for just the right real estate property can be navigated to success with a good real estate agent when you look for your dream home or a great development opportunity. When it’s near the time to complete agreements, a real estate lawyer may be the person you need to steer you correctly around difficult or costly decisions. As an experienced real estate litigator, Arsen Krekovic...
Zoning and Land Use + Proper Paperwork Reminder ahead of Tax Deadlines
Zoning Issues on BC Residential Property and Tax Declaration Deadlines
Use of the residential real estate property you buy or sell, or property you plan to develop may be complicated by zoning issues. Zoning disputes that arise, may require the help of a litigation lawyer with real estate experience such as Arsen Krekovic of Hoogbruin & Company. Reduce complications by being aware of and...
Land Ownership Disputes Resolved by Hoogbruin & Company in Vancouver
Land ownership disputes on real estate property occur in any region of the lower Mainland of British Columbia. Disputes can arise when two or more parties claim ownership of a particular property. In Vancouver, land ownership disputes can be particularly contentious due to the high value of real estate in the area. Arsen Krekovic, a lawyer at Hoogbruin & Company, advises that being...
Foreign Buyer Act Restricts Residential Real Estate Buying to Canadians
A new piece of legislation for Canadian home buyers has reverberated through media outlets around the world. It is a ban that applies to “residential property”, says real estate litigation lawyer, Arsen Krekovic, with Hoogbruin & Company in Vancouver, BC. He adds that it is clearly defined in The Prohibition on the Purchase of Residential Property by Non-Canadians Act. It came into force...
Vancouver’s Hoogbruin & Company Talks Empty Homes Tax
Are you a resident with property in British Columbia, who might also travel often to other locations for work, or who enjoys living abroad for multiple months in a year? Then the Empty Homes Tax may impact you. Also known as the Vacancy Tax, this property tax carries specific rules and responsibilities that real estate lawyer, Arsen Krekovic at Vancouver’s Hoogbruin & Company, has some...
Top Issues Resolved by Hoogbruin’s Experienced Real Estate Litigation Lawyers
“It is yet to be seen what impact the newest legislation for the real estate market in BC will have,” notes Arsen Krekovic, real estate litigation specialist at Hoogbruin & Company. One of these is that homebuyers now have the added protection of a three-day cooling-off period which came into effect January 1, 2023. While buyers of residential property now have this buffer to perform their...
Litigation Lawyers Protect Home Buyers and Sellers in 2023 Real Estate Market
Shifts in the BC real estate market may affect the success of interactions between home buyers and home sellers. This is confirmed by the British Columbia Real Estate Association (BCREA). Residential sales have declined somewhat from the record highs seen in 2021. They are expected to fall further in 2023, perhaps by as much as 11%. However, real estate litigation specialist, Arsen Krekovic of...
Enhanced Consumer Protection for BC Homebuyers News at Hoogbruin & Company
What does the new legislation mean for residential home sellers and buyers? Arsen Krekovic, real estate litigation specialist at Hoogbruin & Company explains, “Homebuyers now have the added protection of a three-day cooling-off period. This comes into effect on January 1, 2023 and enables residential property buyers, who may have felt pressured to make a “no subjects” offer on their home...
Can Home Sellers Sue for Damages if a Contract is Breached?
In a recent post on market conditions affecting home sellers in BC’s residential real estate seeing far fewer transactions than expected. In addition, the possibility of deals collapsing was noted. One of the two critical impacts that can arise is the matter of “When is a Deposit a Deposit”. The other is whether a seller can sue for damages. The two options are not necessarily...