Cottages are similar to family farms. Their succession plans should be similar too. Cottage succession planners should take a lesson from farm experts. Cottages, like farms, make succession planning challenging. Succession planning for the family cottage has many similarities to transferring the family farm. The primary goals of most cottage owners are: A prime concern…
Fees Lawyers fees with respect to the sale of a typical home are usually less than half a percent of the sale price, and sometimes less than a quarter of a percent of the sale price. At Smith Neufeld Jodoin LLP, our lawyers typically adhere to general policies regarding fees which are based upon the…
If you have hired a real estate agent to help you with the sale of your home, you will be required as a term of your agreement with the agent, to pay real estate commission for their services. The real estate commission is usually payable as a percentage of the purchase price obtained for the…
Fees The fees to your lawyer charges for all typical work with respect to your purchase include such things as: To ensure fair and competitive fees, the lawyers within our firm generally abide by a price guideline established by our firm, which is dependent upon the amount of the transaction, and the complexity of the…
In the event that you are purchasing a home where a tenant is living in the property and you do not intend to terminate the lease or to have the seller terminate the lease prior to the date of possession, we would advise that a buyer proceed with extreme caution. There are many rules and…
The Manitoba Métis Federation (MMF) offers a First Time Home Purchase Program (FTHPP) for Métis citizens, which is implemented and managed by Louis Riel Capital Corporation (LRCC). The key objective of the FTHPP is to “improve access to affordable housing that is safe, sound, suitable and sustainable for Métis households across Manitoba” through certain incentives.…
If you own land, you presumably received a document that says “Status of Title” for that land. Many titles include a line that says: “Excluding all mines and minerals” or “Subject to the reservations and provisos contained in the grant from the Crown”. This means that you have the exclusive surface rights to that property,…
Is your dream to purchase a cottage property or has the dream faded and it is time to sell that cherished family cottage? Whether a purchase or sale, legal advice is important and our lawyers can assist you in the process whether the cottage is in Manitoba or Ontario, on titled or on leased land,…
The common thread of rent-to-own agreements is that the buyer will take possession and make payments to the seller over time and only upon payment in full will the seller then transfer legal title of the property to the buyer. There are generally two ways in which a rent-to-own agreement is structured; (i) agreement of…
In October 2009, regulations were passed that were aimed at phasing out existing disposal systems to alleviate the problems with leaking systems, and run off into Manitoba’s water ways. The Provincial Government later amended the regulations of The Environment Act, known as the Onsite Wastewater Management Regulations (60/2010), concerning sewage disposal in the Province. The…