Residential Real Estate Conference 2021
Course Date: December 2, 2021
Total: 6h 7min
Total Ethics: 1h
Course Date: December 2, 2021
Welcome and Land Acknowledgement (9:00 – 9:10)
Elder Joy Dockrey — Nehiyawak (ᓀᐦᐃᔭᐊᐧᐠ) Plains Cree, Mental Health Contractor/Coordinator Star Elders, MCFD Circle 5 Indigenous Svs, Surrey
Case Law Update (9:10 – 10:10)
- partition and forced sales
- "subject to" clauses
- statutory covenants
Yarden Gershony — Rush Ihas Hardwick LLP, Kelowna
Stefani Lefebvre — Rush Ihas Hardwick LLP, Kelowna
BREAK (10:10 – 10:25)
Collapsing and Collapsed Deals: The Role of the Legal Representative (10:25 – 11:25)
- how to handle a collapsing, or collapsed deal, as a legal representative
- things to consider and steps to take
- what to do if you represent the innocent party
- what to do if you represent the defaulting party
- what happens once the deal has collapsed
Andrew P. Morrison — Shields Harney LLP, Vancouver
Lisa Niro — Bell Alliance LLP, Vancouver
BREAK (11:25 – 11:40)
Strata Property Update—Some Solutions for Challenging Situations (11:40 – 12:15)
- pandemic update
- strata corporation claims
- parking and storage lockers
Jennifer L. Neville — Hamilton & Company, New Westminster
LUNCH BREAK (12:15 – 1:00)
Tax Update (1:00 – 1:45)
- new GST rules for short term accommodation supplies and accommodation platform operators
- GST new housing rebate update
- current audit issues in property transfer tax and GST
- PTT planning and penalties—practice points
- proposed federal underutilized housing tax
Noah M. Sarna — Thorsteinssons LLP, Vancouver
Zheting Su — Thorsteinssons LLP, Vancouver
Mortgage Lending Update: Timmy's Top 40 (1:45 – 2:15)
- an up-to-date look at the best practices, current case law, common errors, and helpful hints in mortgage lending
Timothy J. Lack — Redpoint Law LLP, Vancouver
BREAK (2:15 – 2:30)
Truing Up Web Filing Forms (2:30 – 3:00)
- overview of web filing process
- review of Practice Note 02-16
- tips on how to true up a web filing form that won't result in a defect notice
- resources and help materials
Larry S. Blaschuk — Registrar of Land Titles, Land Title and Survey Authority of BC, New Westminster
Professional Responsibility Obligations for Real Estate Lawyers (3:00 – 3:45)
- professional responsibility obligations with respect to avoiding dishonesty, crime and fraud, including money laundering
- common real estate scams and tips
Barbara K. Buchanan, QC — Practice Advisor, Conduct and Ethics, The Law Society of BC, Vancouver
BREAK (3:45 – 4:00)
Hot Topics Roundtable (4:00 – 5:00)
- review of Title, reviewing charges, Seawatch case, waiver form
- inadvertently acting as clients agent
- disputes between client and realtor (who referred you the deal)
- late day closings, breaches, and tendering
- vague and uncertain terms in the CPS and holdbacks
- insurance coverage
- notes to the statements of adjustments, merger, survival of reps
- implied undertakings
- other closing documents
- lawyer's duty to client vs. the client's insistence on something you think may not be true (e.g., the non-resident asserting that he/she is resident of Canada)
Moderator:
Ron Usher, J.D. — Commissioned Notary Public, R.I., General Counsel and Practice Advisor, The Society of Notaries Public of British Columbia, Vancouver
Barbara K. Buchanan, QC — Practice Advisor, Conduct and Ethics, The Law Society of BC, Vancouver
Yarden Gershony — Rush Ihas Hardwick LLP, Kelowna
Timothy J. Lack — Redpoint Law LLP, Vancouver
Stefani Lefebvre — Rush Ihas Hardwick LLP, Kelowna
Lisa Niro — Bell Alliance LLP, Vancouver
Noah M. Sarna — Thorsteinssons LLP, Vancouver
Zheting Su — Thorsteinssons LLP, Vancouver
Contributor(s):