Joint Tenants

Property Purchase Tax Act #106

Legally Speaking

By Gerry Neely B.A. LL.B We can expect publication in late July of regulations to carry out the intent of this Act. These regulations may: list transactions that are to be taxed even though the interest being sold is not capable of being registered in the Land Title Office, and try and tax the value

“Best Efforts” Cases #9

Legally Speaking

By Gerry NeelyB.A. LL.B. Very occasionally a prospective purchaser for whom an offer to purchase is being prepared, asks for the insertion of a condition in the agreement such as “subject to financing…” because he is not entirely certain whether he wants to buy the property. The reasoning of course is that if he decides