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Bridge Financing – a Useful Tool

by Smith & Griffith Real Estate Team | Sep 6, 2023 | Ask The Legal Expert, Resources

A large proportion of our clients who are purchasing a new home, also need to sell their existing property in order to have the necessary funds to complete the purchase. This of course leads to a significant timing issue – if the sale needs to be completed first, that...
Restrictive Covenants – Here’s What You Can’t Do

Restrictive Covenants – Here’s What You Can’t Do

by Smith & Griffith Real Estate Team | May 10, 2023 | Ask The Legal Expert, Resources

All municipalities have land use requirements and controls to which landowners are made subject. These take the form of by-laws and zoning requirements. In addition to those put in place by government, the law also allows further controls to be registered against...
Rent-To-Own – Knowing the Risks for Buyers

Rent-To-Own – Knowing the Risks for Buyers

by Smith & Griffith Real Estate Team | Mar 6, 2023 | Ask The Legal Expert, Resources

Entering a rent-to-own contract can seem like a great way to acquire a home, especially for those who want to live in a specific property or location, but don’t quite have the cash for a full down payment for traditional financing. The buyer gets to live in the...
Understanding Ownership of Property After a Death

Understanding Ownership of Property After a Death

by Smith & Griffith Real Estate Team | Dec 14, 2022 | Ask The Legal Expert, Resources

When an individual who owns property in Alberta dies, the executor of their estate is responsible for dealing with that property in accordance with the wishes of the deceased. Usually these wishes are contained in the will, and could involve liquidating the property...
Quick Tips to Save Money on Your Real Estate Transaction

Quick Tips to Save Money on Your Real Estate Transaction

by Smith & Griffith Real Estate Team | Sep 7, 2022 | Ask The Legal Expert, Resources

Let’s face it, lawyers are expensive. Most should be able to quote you a flat fee for a typical real estate transaction, and if all goes well, stick with it. If, however, things do not go smoothly, or there is extra work needed that is out of the ordinary, you can bet...
Delays at the Alberta Land Titles Office

Delays at the Alberta Land Titles Office

by Smith & Griffith Real Estate Team | May 10, 2022 | Ask The Legal Expert, Resources

Over the past decade, it was common for documents submitted to the Alberta Land Titles Office to take anywhere from two to four weeks to be processed and registered. As of the date of this article, the Alberta Land Titles Office is taking nearly three and a half...
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