Legally Speaking #22

Legally Speaking

By Gerry NeelyB.A. LL.B. Since the subject of this column, which was requested by the Legislative Committee of B.C.R.E.A., is one which raises more questions than it answers, it would be appropriate to start it by saying, “HELP WANTED – a reference to the report of a decision of a British Columbia Court which might

Legally Speaking #21

Legally Speaking

By Gerry NeelyB.A. LL.B. Column 20 discussed concessionary financing by vendors in the form of take-back mortgages and buy-downs of interest rates on high interest mortgages to be assumed or arranged by a prospective purchaser. The clauses referred to in that column were intended to give the vendor the opportunity of finding a buyer for