BC Real Estate Practice Manual

A practical day-to-day guide to real estate conveyancing

This publication is essential for: junior to intermediate lawyers in real estate practice, and helpful for seasoned practitioners.

Current to: March 1, 2015

This practical, day-to-day guide leads you quickly and completely through the necessary steps of a conveyance. The manual includes:

• thorough discussion of residential property, including searches and investigations 
• summary chapter on commercial property transactions 
• special considerations for strata lots 
• discussion of lawyers' undertakings and professional responsibility issues 
• the latest decisions on duties of real estate licensees 
• full coverage of tax considerations for both residential and commercial property 
• practical advice and remedies for a collapsing deal

Rounding out this all-in-one resource are more than 130 of the most common real estate forms and precedents, including essential land title office documents.

The book is updated annually. Subscriptions include online access with search capability and links to the full text of case law and legislation, and forms and precedents on CD-ROM.

ONLINE ONLY annual subscriptions are available. Subscribe now.

Highlights of the 2015 Update

• duties of real estate licensees where there are sections within a strata development
• more on
  • patent and latent defects, before and after completion
  • representations and warranties, including misrepresentations, error in substantialibus, and purchasers’ and vendors’ remedies
• expanded discussion of Aboriginal title and First Nation claims
• REDMA amendments and Superintendent of Real Estate policy statement amendments

CLEBC Legal Editor
L. Joy Tataryn
jtataryn@cle.bc.ca

CONTENTS
________________________________________

Chapters
1. Preliminary Matters
2. Real Estate Licensees
3. The Purchase Contract
4. Tax Considerations
5. Searches and Investigations
6. Commercial Property
7. Title
8. Statements of Adjustments
9. Undertakings
10. Other Closing Documents
11. Closing Procedures
12. The Collapsing Deal: Practical Advice and Remedies

Glossary

Checklists
Client Identification and Verification
Residential Conveyance Procedure
Independent Legal Advice

Forms and Precedents
I. Preliminary Matters
II. Real Estate Licensees
III. The Purchase Contract
IV. Searches and Investigations
V. Title
VI. Statements of Adjustments
VII. Undertakings
VIII. Other Closing Documents
IX. Closing Procedures
X. The Collapsing Deal: Practical Advice and Remedies
XI. Electronic Forms

Tables
Case Table
Statute Table
References

Index

Features

• complete set of forms and precedents
• regular updates
• tables of cases and statutes
• comprehensive index
• glossary
• checklists
• convenient looseleaf format with tab indexing
• online access to electronic version with hyperlinks to primary law

Authors
Sarah Batut — Fasken Martineau DuMoulin LLP, Vancouver
Kerry L. Burgi — Terra Law Corporation, Vancouver
Damon J. Chisholm — McMillan LLP, Vancouver
Sergio C. Custodio — Fasken Martineau DuMoulin LLP, Vancouver
Jordanna Cytrynbaum — McCarthy Tétrault LLP, Vancouver
Neil R. Davie — Bull, Housser & Tupper LLP, Vancouver
Ryan Dix — Real Estate Errors and Omissions Insurance Corporation, Vancouver
Jessica S. Gossen — Real Estate Council of British Columbia, Vancouver
Gayle Hunter — Blake, Cassels & Graydon LLP, Vancouver
Soraya M. Jamal — Blake, Cassels & Graydon LLP, Vancouver
Christopher J.A. Johnston — Real Estate Errors and Omissions Insurance Corporation, Vancouver
B. Glenn Leung — Terra Law Corporation, Vancouver, with contributions from Greg Anctil — Charron Favell Anctil LLP, Vancouver and Thomas Ciz — Farris, Vaughan, Wills & Murphy LLP, Vancouver
Brenda M. Lightbody — Richards Buell Sutton LLP, Vancouver
Edna Ritchie — Lawyers Insurance Fund, Law Society of BC, Vancouver
Mark A. Schmidt — DLA Piper (Canada) LLP, Vancouver
Scott D. Smythe — McCarthy Tétrault LLP, Vancouver
Marlon T. Song — Law Society of BC, Vancouver
Nicholas Van Dalfsen — Miller Thomson LLP, Vancouver
Michael Ventresca — Blake, Cassels & Graydon LLP, Vancouver
Edward L. Wilson — Lawson Lundell LLP, Vancouver