Real Estate Litigation

“It is yet to be seen what impact the newest legislation for the real estate market in BC will have,” notes Arsen Krekovic, real estate litigation specialist at Hoogbruin & Company. One of these is that homebuyers now have the added protection of a three-day cooling-off period which came into effect January 1, 2023. While buyers of residential property now have this buffer to perform their...

Shifts in the BC real estate market may affect the success of interactions between home buyers and home sellers. This is confirmed by the British Columbia Real Estate Association (BCREA). Residential sales have declined somewhat from the record highs seen in 2021. They are expected to fall further in 2023, perhaps by as much as 11%. However, real estate litigation specialist, Arsen Krekovic of...

What does the new legislation mean for residential home sellers and buyers? Arsen Krekovic, real estate litigation specialist at Hoogbruin & Company explains, “Homebuyers now have the added protection of a three-day cooling-off period. This comes into effect on January 1, 2023 and enables residential property buyers, who may have felt pressured to make a “no subjects” offer on their home...

In a recent post on market conditions affecting home sellers in BC’s residential real estate seeing far fewer transactions than expected. In addition, the possibility of deals collapsing was noted. One of the two critical impacts that can arise is the matter of  “When is a Deposit a Deposit”. The other is whether a seller can sue for damages. The two options are not necessarily...

Home sellers in BC’s residential real estate are seeing far fewer transactions than expected in this often enviably dynamic market. Even near year’s end, motivated buyers have typically still looked to purchase their dream homes. Yet, times have changed. Today’s post covers how deals can collapse. Let’s first look briefly at changes in real estate sales amidst the desire for real estate...

Is it time to harvest the effort and time you’ve put into your home property? Or time to reap the growth in the residential real estate property you invested in and are now selling so someone else can own their own home? In Vancouver’s season of home sales, you’d be wise to engage an experienced real estate litigation lawyer such as Arsen Krekovic at Hoogbruin & Company. A real estate...

The season of thankfulness is sweetest as you enjoy it in the comforts of your own home. Vancouver’s real estate litigation lawyer, Arsen Krekovic of Hoogbruin & Company has helped home buyers secure their homes with confidence in their real estate transactions. Some have overcome the early challenges of finding a home, working out the terms and conditions and financing – a task full of...

You may not associate consulting a real estate lawyer with fall’s full arrival. Yet, if you either currently own a residential property or wish to buy into Vancouver’s or BC’s Lower Mainland, you may want legal counsel who specializes in real estate law. Fall is the time as a homeowner you may decide to renovate for greater comfort in your home as winter approaches. Or, you may opt to sell...

Home buyers who purchase a real estate property with no conditions may find themselves with problems they only discover after moving in or taking legal possession of their new home. The practice of bidding with no conditions on the seller are more prevalent in the current highly competitive market. To resolve their issues buyers seek help from experienced real estate litigation lawyers like...

Contracts set down in writing constitute an agreement between two parties. When one party offers to provide goods or services, and the other party agrees, a contract formalizes the understanding. Contracts cover a variety of subject matter and types of agreements. Contracts of sale, for example, govern the rules for acquisition of property in exchange for payment. Breaches of contract are the...