Good advice.

Good advice.

The DBM Law Firm Blog

DBM Law Blog

Our law firm blog is your legal information resource for the latest tips, news, and legal information online. Using the categories on this page, you can navigate to the area of practice you are most interested in. Whether you are searching for information regarding Family Law, Business Law, Real Estate Law, Personal Injury Law, or anything in between, our law firm blog offers a wealth of information to browse.

All of our most recent blog posts are displayed on this page for you to browse at your leisure. Be sure to bookmark this page as we are regularly posting new tips and helpful legal information online.

Real Estate Law 2021/02/19

JOINT TENANCY VS TENANCY-IN-COMMON

FIVE THINGS TO CONSIDER WHEN DECIDING HOW TO OWN A PROPERTY WITH ANOTHER PERSON When you purchase a property in BC with another person (or other people), you can own that property in one of two ways: Joint Tenancy or Tenancy-In-Common. When making that decision, consider these five issues. 1. What is Tenancy-In-Common? Tenancy-In-Common is … Continued

Real Estate Law 2019/10/29

The Empty Homes Tax

The Empty Homes Tax is a new tax on vacant or under-utilized properties within Greater Vancouver. We discussed the definitions and exemptions of this tax in an earlier blog post: The Empty Homes Tax in Vancouver. With the introduction of the tax, some property owners have found themselves fighting for their exemptions. Today, this post … Continued

General Litigation 2019/08/27

What is a Builders Lien Holdback?

Both the holdback and the power to lien come from the Builders Lien Act (the “Act”).  The purpose of the act is twofold: To provide security for contractors and subcontractors who work on a construction project To limit the owner of a properties liability The Act requires all persons on a project to retain 10% … Continued

Real Estate Law 2019/02/14

B.C.’s Speculation and Vacancy Tax

A new year, a new tax! If you own a residential property in BC, this will affect you. It is called the Speculation & Vacancy Tax. What is the Speculation & Vacancy Tax? The speculation and vacancy tax is an annual tax potentially paid by owners of residential properties in designated taxable regions of B.C. … Continued

Real Estate Law 2018/07/24

The Empty Homes Tax

Alert, Vancouverites! There is a new tax you need to worry about – the Empty Homes Tax! In a future blog post, I will discuss the implications of the Empty Homes Tax on people who are selling and buying homes in the City of Vancouver. For now, I will just focus on current owners of … Continued

Real Estate Law 2018/04/13

Additional Property Transfer Tax

The most significant new real estate tax in the last few years has to be the Additional Property Transfer Tax. For more information on the traditional Property Transfer Tax, please click on the following link: http://www.dbmrealestatelaw.com/property-transfer-tax/ On February 20, 2018, the BC NDP Government’s Budget made some changes to the Property Transfer Tax. For more … Continued

Real Estate Law 2018/03/13

Recent Changes to the Property Transfer Tax

The tax one must always consider when purchasing or acquiring any real estate in BC is the Property Transfer Tax. For our previous post on the subject, please click HERE But on February 20, 2018, the BC NDP Government’s Budget made some changes to the Property Transfer Tax. What is the Property Transfer Tax When … Continued

Real Estate Law 2018/02/16

Prepayment Penalties on Mortgages

When determining the type of mortgage that is best suited for you, one factor to consider is the Prepayment Penalty. A Prepayment Penalty is a fee that your lender may charge if you make more than the allowed additional payments toward your mortgage, or you pay off your mortgage entirely before the end of your … Continued

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