Hi! I'm Erin Crocker. I'm a real estate lawyer with over 10 years of experience in Alberta and British Columbia real estate law. I love technology and efficiency. I'm on a mission to create a modern, digital closing experience for buyers and sellers through technology, transparency and sharing knowledge.
Closing Day, also referred to as Completion Day, is a significant milestone in the process of buying a house. It’s the day when ownership of the property is transferred from the seller to the buyer. As a homebuyer, understanding what happens on closing day and how to prepare for it is essential. In this blog,… Continue reading Closing Day in Real Estate: A Complete Guide to a Smooth Property Transfer
When it comes to mortgage financing, the term “escrow” is more commonly used in the United States than in Canada. However, escrow accounts do exist in Canada, particularly in relation to property taxes. In this article, we will explore what escrow means in Canada, what an escrow agent is, how it relates to property tax… Continue reading What is Escrow in Canada? Understanding Property Tax Accounts
The Vancouver Empty Home Tax (EHT) program has recently undergone significant changes. On May 10, 2023, the City Council made crucial decisions regarding the tax rate and exemptions to enhance the fairness and effectiveness of the program. In this blog, we will explore the outcomes of these changes and their impact on homeowners, developers, and… Continue reading Vancouver Empty Home Tax: 2023 Program Changes and Implications
When purchasing a new home, it’s essential to understand the Goods and Services Tax (GST) implications. Similar to the GST you pay for other goods and services, the purchase of a new home is subject to this 5% tax. In this blog, we will explore the details of GST on new homes and provide valuable… Continue reading GST on New Homes
A Certificate of Lis Pendens, commonly known as CLP, is a significant document that is registered at the Alberta Land Titles Office. If you are involved in selling or refinancing a property, or if you need to secure an obligation against real estate, it is crucial to understand the implications of a Certificate of Lis… Continue reading Certificate of Lis Pendens Alberta: A Guide to Land Title Registrations
If you’ve recently obtained a Court Order or Judgment in your favor, but the debtor has refused to pay the owed amount, it’s time to take action as a creditor. One essential step in the debt collection process is filing a Writ of enforcement in Alberta. This legal document, which is filed with the Court… Continue reading Understanding the Writ of Enforcement in Alberta
When it comes to matters concerning real estate in British Columbia, having a trusted legal advisor by your side is essential. At Passgo, we specialize in providing comprehensive legal services to clients with property located in British Columbia. Our team of experienced real estate lawyers in British Colombia understands the intricacies of the local market… Continue reading Real Estate Lawyer in British Columbia: Legal Advice For Property Owners
When it comes to real estate ownership, two common forms are joint tenancy and tenants-in-common. Understanding the differences between these arrangements is crucial for individuals involved in real estate transactions. In this blog post, we will explore the concepts of joint tenancy and tenants-in-common, shedding light on their distinct characteristics and implications. At Passgo, we… Continue reading Joint Tenancy v. Tenants-in-Common
The implementation of the Underused Housing Tax (UHT) by the Canadian government on January 1, 2022, has brought a new tax obligation for certain homeowners. The Underused Housing Tax targets vacant or underused residential properties and impacts non-residents, non-Canadian owners, and Canadian residents. In this blog post, we will delve into the details of the… Continue reading Understanding the Underused Housing Tax
The property tax adjustment at closing is a crucial aspect of real estate transactions to ensure a fair distribution of tax responsibilities between buyers and sellers. We understand the importance of accurate property tax adjustment at closing to avoid any surprises. In this blog post, we will guide you through the process of property tax… Continue reading Property Tax Adjustment At Closing
