Terra Publications

Lenders and their lawyers should be aware that the prohibition against “clogs on the equity of redemption” may become an issue in any transaction that includes a mortgage and an associated option to purchase in favour of the mortgage.

Condominium hotels are condominiums first, and hotels second.  Because of that, it is not uncommon for some of the hotel strata lot owners to second-guess the financial arrangement with the hotel manager and attempt to circumvent steep management fees by...

Title insurance has become much more relevant in British Columbia (“BC”) in recent years. Prior to that, it was customary for lenders and property owners in BC to rely on the protections afforded by the Torrens land title system in...

Electronic Delivery of Disclosure StatementsSection 15 was amended to permit a developer to provide disclosure statements, amendments to disclosure statement, phase disclosure statements and consolidated disclosure statements to purchasers by electronic means, but only with the written consent of the...

Options to renew and options to extend are phrases often used interchangeably by landlords and tenants in commercial leases even though there are material legal differences.