Real Estate Fundamentals 2018
Course Date: April 19, 2018
Total: 10h 13min
Course Date: April 19, 2018
Day 1: Thursday, April 19, 2018
Welcome and Introduction
Craig W. Shirreff — McCarthy Tétrault LLP, Vancouver
Sergio C. Custodio — Fasken Martineau DuMoulin LLP, Vancouver
Land in British Columbia
- Torrens system
- First Nations land
- defining a parcel
- the title search
- exceptions from title
- strata titles
Brian D. MacKay — DLA Piper (Canada) LLP, Vancouver
Questions and Discussion
Statement of Adjustments
- purpose
- specific types:
- tax
- rent
- commissions
- holdbacks
- tax
Damon J. Chisholm — McMillan LLP, Vancouver
Questions and Discussion
Break
Drafting the Purchase Contract
- parties and property
- representations
- conditions
Stacey J. Handley — Gowling WLG, Vancouver
Questions and Discussion
Commercial Property
- who is the seller?
- who is the buyer?
- what is being bought/sold?
- leases
- service contracts and equipment leases
- project documents
- labour and employment
- purchase price
- environmental
Neil R.A. Davie — Norton Rose Fulbright Canada LLP, Vancouver
Questions and Discussion
Networking Lunch
Tax Issues
- Income tax
- principal residence
- non-resident vendors and withholding
- Property Transfer Tax
- Goods and Services Tax
- Empty Homes Tax
- Foreign Buyers Tax
Hardeep S. Gill — Fasken Martineau DuMoulin LLP, Vancouver
Questions and Discussion
Due Diligence
- title review
- types of searches: what to search and why
- material contract and document review
- additional considerations for specific transactions
- title insurance
Allison M. MacInnis — Fasken Martineau DuMoulin LLP, Vancouver
Questions and Discussion
Break
Best Practices for Small Firm Real Estate Practitioners
- professional courtesy
- know your client rules
- family Transfers
- fraudulent Conveyances
- staff Supervision
- what is a Simple Conveyance
- independent legal advice
- trust accounting
- insurance issues
Timothy J. Lack — Lunny Atmore LLP, Vancouver
Questions and Discussion
Craig W. Shirreff — McCarthy Tétrault LLP, Vancouver
Sergio C. Custodio — Fasken Martineau DuMoulin LLP, Vancouver
Day 2: Friday, April 20, 2018
Closing Procedures
- payment of funds
- registration order
- coordination with lenders
- electronic registration
Sarah Batut — Fasken Martineau DuMoulin LLP, Vancouver
Questions and Discussion
E-Filing
- document preparation and filing
- impact on your practice
- transaction demands vs Land Title Office requirement
Mike Walker — Miller Thomson LLP, Vancouver
Questions and Discussion
Break
Undertakings
- ethical considerations
- nature of undertaking
- general guidelines
Aneez Devji — Richards Buell Sutton LLP, Vancouver
Questions and Discussion
Mortgages
- key components of a mortgage
- lender requirements
- due diligence affecting mortgages
- priority issues
- mechanics of funding and registration
Laura Smith — Fasken Martineau DuMoulin LLP, Vancouver
Questions and Discussion
Networking Lunch
"Under the Covers": What Lawyers' Insurance Covers, and What it Doesn't Cover
Coran Cooper-Stephenson — Claims Counsel, Lawyers Insurance Fund, Vancouver
Maryanne Prohl — Claims Counsel, Lawyers Insurance Fund, Vancouver
Waterfront Properties
- erosion and accretion
- using the submerged and foreshore areas adjacent to private land
- riparian rights of access
- subdivision of submerged lands - how to avoid losing land
Sandra J. Benson — Supervising Solicitor of the Resource, Environment and Land Law Group, British Columbia Ministry of Attorney General, Victoria
Questions and Discussion
The Collapsing Deal: When Things Go Wrong
- elections on breach of Contract
- tender
- specific performance
- claiming the deposit
- damages
- restrictions on dealing with land pending litigation
Lisa Martz — Gudmundseth Mickelson LLP, Vancouver
Questions and Discussion
Break
Hot Topics Panel
- 80% threshold charge on winding up stratas
- airspace parcels
- agreements and procedures
- mixed use developments
- LTSA e-filing audit
- CPL's on title
- what do they mean
- how to remove them
- Civil Dispute Resolution Tribunal
- legislative update
Sergio C. Custodio — Fasken Martineau DuMoulin LLP, Vancouver
Timothy J. Lack — Lunny Atmore LLP, Vancouver
Craig W. Shirreff — McCarthy Tétrault LLP, Vancouver
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):
Contributor(s):