Porter Ramsay Blog

Timely updates and insights on legal developments that impact individuals and businesses.
Real Estate Law

What should I do before starting a land development project?

As a land developer in British Columbia, you probably already know that you can take no steps forward with your project before you have a plan. In fac...

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Real Estate Law

B.C. financial regulator recommends home purchase wait periods

Many regulators and officials have been proposing different means of cooling the housing market in British Columbia. Recently, the B.C. Financial Serv...

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Real Estate Law

Federal government proposes measures to cool real estate market

When Canada’s federal budget was announced in early April, it included several measures aimed at cooling the housing market. These moves are a respons...

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Real Estate Law

Understanding Canada’s mortgage stress test

Prospective homebuyers in British Columbia have many things to consider, from housing wish-lists to preferred locations to how to navigate an increasi...

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Real Estate Law

The legal risks of a home selling far below its market value

The real estate market continues to grow in British Columbia, with houses selling for higher rates than ever before. But what happens when a house sel...

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Real Estate Law

New laws may favor homebuyers

If buying a home is on your list of resolutions for the new year, you probably already know what a difficult road you have ahead. Housing prices in Br...

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Real Estate Law

Home buying still a priority for many in Generation Z

Affordability is a major hurdle to home ownership for young people today. However, despite this challenge, three quarters of adults in Generation Z ci...

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Real Estate Law

Common types of real estate investments

Real estate investment is a large topic, covering everything from fixer-uppers to ownership of large complexes. For British Columbia investors looking...

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Real Estate Law

3 things to scrutinize when buying a home

When buying a property, everyone hopes they are dealing with an honest seller. While there are British Columbia laws designed to protect buyers from s...

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Real Estate Law

How do lenders determine mortgage amounts?

When applying for a mortgage, the lender approves a certain amount based on what the underwriter thinks the applicant can afford. This is true whether...

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Real Estate Law

Property value database updates for British Columbia

In Jan. 2022, the British Columbia Assessment Authority updated its property value database. This is a helpful tool B.C. homeowners can use to gauge t...

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Real Estate Law

Mega equity corporation moving ahead with real estate plans

One of the main landlords in the nation’s west is planning a multi-million-dollar foray into the Sunshine province next year. The founder and CE...

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