Alberta

August 11,22

Removing conditions on time

You know that saying “time is of the essence”? Well in real estate, it really truly is. The purchase contract has strict timelines that must be followed - literally to the minute - in order for the transaction to remain “alive”. One missed step and…

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August 1,22

Dower rights and you

If you’ve bought or sold real estate in Alberta, you may recall a short clause in both the residential listing and purchase contracts regarding Dower rights, but what does Dower really mean? The Dower Act of Alberta has been around a long time, since 1917…

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July 27,22

Real Estate Lawsuits – Top Issues and How to Avoid Problems

Did you know that every real estate professional in Alberta has errors & omissions insurance through the Real Estate Insurance Exchange (REIX)? They are the insurer who manages legal claims against real estate agents and have insight to all of the lawsuits filed pertaining to…

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July 13,22

Why is the sq footage different from when I purchased my home 10 years ago?

Square footage has always been top-of-mind for buyers in their search for a home but it is sellers and agents who are feeling the impact after the introduction of the Real Estate Council of Alberta’s (RECA) Residential Measurement Standard (RMS) in 2015. For the vast…

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