Property taxes must be paid on all residential real property as charged by the city, town or municipality in which the property is located. The tax period for all properties is the calendar year, despite the fact that the due dates for the payments of taxes will differ depending on the city, town or municipality…
If you are arranging for part of the purchase price to be paid by way of the proceeds of a new mortgage, the process of registering the transfer of land and the mortgage documents in Manitoba may require that the transaction be closed without the mortgage funds being available to the buyer. This may result…
The issue of GST as it applies to the purchase of a home is a complex issue which should be discussed with your lawyer prior to signing an Offer to Purchase in order to determine whether it must be paid on the purchase of a home, and whether you have the necessary funds to pay…
When you sell a home, a typical offer to purchase provides that the purchaser is entitled to pay for part of the purchase price through proceeds of a new mortgage. If so, payment of the sale proceeds to you may be delayed by the time required to register the purchaser’s transfer of land and a…
In our real property system landowners can, for the most part, absolutely rely on what the Certificate of Title says as a full and complete answer regarding rights to any particular piece of real property. Section 59 of Manitoba’s The Real Property Act says that very explicitly. It reads: Conclusive evidence — title paramount (indefeasible)…
An easement is the right over another’s property. It grants the right to do something; such as a shared driveway or the right to walk across a property. An easement can also restrict the use of the property by restricting the owner from doing certain things. A property owner cannot, for example, put up a…