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5 Ways to Ensure You Don’t End up with a “Moneypit”

by Tim | Oct 27, 2022 | Property, Real Estate, Uncategorized

Over the past several years (since the beginning of the Covid pandemic in early 2020), real estate lawyers in New Brunswick have experienced a huge increase in real property transactions. Many of these transactions have involved purchasers from other provinces that...

Are you a Landlord or a Tenant looking for information? Check out this site

by Tim | Oct 6, 2017 | Property, Real Estate

I attended a Continuing Legal Education session this week on Real Property Law and one of the presenters was the newly named “Chief Residential Tenancies Officer.” I must admit that I had no idea that the Office of the Rentalsman had been recently renamed...

5 tips for home buyers prior to closing!

by Tim | Mar 27, 2017 | Property, Real Estate, Uncategorized

In the 1986 movie, the Money Pit, a young couple move into a home that is terribly dilapidated. While falling down stairways and leaking bathtubs in this movie are enjoyable for comedic value, no one enjoys these things when they happen to you! A home is the...

Not all Title Insurance Policies are Created Equally: lender’s title policy vs. owner’s title policy

by Tim | Feb 13, 2017 | Insurance, Property, Real Estate

You are buying your first home and you have signed so many documents your hand is getting sore. You likely have signed a mortgage, the mortgage covenants, discussed title to the property with your lawyer, arranged for fire insurance; maybe you talked about zoning...

Tip of the Week! Budget early for costs related to property purchases

by Tim | Aug 5, 2016 | Property, Real Estate, Tax

The Real Property Transfer Tax Act requires purchasers of property to pay a one-time tax upon purchase of a property in New Brunswick. On April 1, 2016, the real property transfer tax increased from 0.5 per cent to one percent of the assessed value of a property or...

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