Speculation Tax Questions

Spagnuolo Law | January 18th, 2019 | Legal Issues / FAQ's

As you may be aware, the NDP government has introduced a speculation tax.  With this new tax system, all homeowners are required to file for an exemption, and if the homeowner misses the March 31 deadline, they will need to pay the tax.  Check out https://bit.ly/2ANGdNI for a recent article in the Vancouver Province. This […]

Speculation Tax Update

Spagnuolo Law | January 16th, 2019 | Legal Issues / FAQ's

Two points for this week’s announcement. 1.         Thank you for all the YouTube views of our Christmas video.  At last look we had over 2500 views, and I am expecting my royalty cheque from YouTube any day now.  Speaking of cheques, we will donate $2,000.00 to Camp Choice, which empowers youth to create positive change […]

Education Series

Spagnuolo Law | January 8th, 2019 | Legal Issues / FAQ's

We will soon start our email education series, starting with some updates on our office locations. As you hopefully know, we have 14 in Greater Vancouver, 2 in the Okanagan, and 1 each in Victoria and Nanaimo. We are updating a few of them to better enhance the client experience, and we will let you […]

2018 Christmas Video Spagnuolo & Company

Spagnuolo Law | December 23rd, 2018 | Legal Issues / FAQ's

Simply a reminder that a great way to spend a few minutes of your time on Christmas Eve is to watch our 19th Annual Christmas Video. Pretty sure this one will go viral. All the best, looking forward to working with you in 2019.

Annual Christmas Video

Spagnuolo Law | December 21st, 2018 | Legal Issues / FAQ's

I know, something just does not seem right about the holiday season. Something is amiss, but what? Of course we all know what is missing……the 19th Annual Spags and Co Christmas Video Well nothing to fear, here it is. Simply click on the link below and enjoy about 2 ½ minutes of excellent video, with […]

Legally Speaking 507 October 2018

Spagnuolo Law | October 30th, 2018 | Legal Issues / FAQ's

On April 25, 2018, we warned our realtor partners about public vs. private charges on title. Realtors were advised to insert a clause in contracts to ensure the Buyer was accepting all non-financial charges on title. Legally Speaking has just published the same recommendation regarding public vs. private charges. For those realtors who are receiving […]

Speculation Tax Introduced

Spagnuolo Law | October 18th, 2018 | Legal Issues / FAQ's

Just a heads up that the provincial government has finally brought in legislation for the introduction of the speculation tax. If the legislation is passed, the new tax will apply to all properties in Metro Vancouver, Capital Regional District Fraser Valley, Kelowna, West Kelowna, Nanaimo and Lantzville.  For a couple of good reads on this […]

Terra Firma Title Review

Spagnuolo Law | August 7th, 2018 | FAQ's, Legal Issues / FAQ's

Looks like some homeowners are not paying attention to easements and covenants on their property. In a recent Vancouver Sun article Ian Mulgrew writes of a Supreme Court decision involving neighbours, a fence and some poor conduct. While I have not read the decision, the article references a restrictive covenant identifying a privacy fence, an […]

Non-Resident Buyers and Sellers of Real Estate

Spagnuolo Law | July 4th, 2018 | Legal Issues / FAQ's

There are certain legal and accounting issues that arise when a non resident of Canada acquires or sells property in Canada.  These issues are set out below. Non-Resident Sellers The Income Tax Act of Canada provides that whenever a non-resident disposes of property, the non-resident is required to pay the appropriate amount of taxes on […]

Land Owner Transparency Act White Paper for Consultation

Spagnuolo Law | June 21st, 2018 | FAQ's

The provincial government has announced the creation of a new, publicly accessible, beneficial ownership registry. In their words: This registry will be the first-of-its kind in Canada and will provide valuable information about the true ownership of real estate in B.C. It will hold public records on the individuals behind numbered companies, offshore and domestic […]