Easement

An easement is a legal right that allows someone to use another person's property for a specific purpose, without owning the property. It gives the holder of the easement the right to use the land in a particular way, while the owner of the land retains ownership and ...

Are secondary suites valuable to a homeowner?

Secondary suites can be valuable to homeowners in the city of Calgary for several reasons: Rental income: By renting out a secondary suite, homeowners can generate additional income to help with mortgage payments or other expenses. Increased property value: Adding a secondary suite ...

Pre-qualification and pre-approval are two different steps in the mortgage application process.

Pre-qualification is the initial step in the process, in which a lender will ask you for basic information about your income, debt, and assets. Based on this information, the lender will give you an estimate of how much ...

All the infomation published in this blog is from the Alberta Governments site https://www.alberta.ca/ending-rental-agreement.aspx

Overview

Tenants and landlords may terminate a rental agreement for a variety of reasons, such as:

the agreement was breached the tenant found another place to live the landlord wants to ...

The details of a guaranteed sale program can vary depending on the agent and the brokerage they work for, but they generally involve the agent offering a predetermined price for the home if it does not sell within a specified timeframe. The agent may also offer other incentives, such as ...

Attached goods refer to items that are physically attached to the property and cannot be removed without causing damage, such as pipes, screws, bolts, or nails. These goods remain with the property unless there is a specific exclusion in the listing agreement or in the buyer's offer to ...

The specific conditions included in a purchase contract can vary depending on the parties involved and the specific property being purchased. However, there are several common conditions that are often included in purchase contracts in Alberta. Here are a few examples:

Financing condition: This condition allows the buyer to back ...

A real estate lawyer plays a crucial role in a property sale or purchase transaction in Alberta. Here are some of the ways that a lawyer can help:

Reviewing and preparing legal documents: A lawyer can review all legal documents related to the transaction, including the purchase agreement, title transfer ...

Title insurance is a type of insurance policy that protects homeowners and lenders against certain types of financial loss related to the title of a property. In Alberta, title insurance is commonly used in real estate transactions as a way to protect buyers and lenders from potential risks associated with ...

If you are buying a property with the assistance of a realtor, they should provide you with various documents to help you make an informed decision about the purchase. Here are some of the key documents your realtor should show you:

Consumer Relationships Guide: This document is a regulatory requirement ...