Notary Public

At the beginning of this month, Canada Mortgage and Housing Corporation (CMHC) increased its homeowner mortgage loan insurance premiums. The increase applies to mortgage loan insurance premiums for owner-occupied, self-employed, and 1-to-4 unit rental properties, including low-ratio refinance premiums. According to CMHC, on average that will result in a $5 increase in owners’ monthly mortgage p…

When making an offer on a home, include subjects (requirements that must be met to proceed with the purchase) and realistic time frames that will allow you to ensure you have financing in place, have the home inspected, and have time to review strata council meeting minutes, if applicable. When making an offer on a home, include subjects (requirements that must be met to proceed with the purch…

BC Notaries First-Time Home Buyers Tips for  Busy Spring Market   2014 Spring Real Estate Market Stronger Than Last Year FOR IMMEDIATE RELEASE                                         &…

Regardless of the type of document being kept safeguarded in Canada while on vacation, it is crucial that one’s trusted Representative can get them, if needed. If the documents are safe at home, make sure someone has a key and knows where to find them. If they are in a safe, the Executor or Attorney will need the combination or key. As a service, some Notaries will store these documents for cli…

Depending on how the Representation Agreement is prepared, a designated Representative’s authority can include: routine finances decisions regarding healthcare, personal care, and limited legal affairs refusal or consent to life support treatment and care consent to less common medical procedures/treatment consent to treatment the Adult approved while capable but since losing capacit…

Myth:  Most investment rental properties in Vancouver are owned by off-shore buyers. “I have seen an increase in local residents purchasing condos downtown as an investment,” says Akash Sablok, President, The Society of Notaries Public of BC, and a Notary Public in East Vancouver. “Due to lower interest rates and a strong rental market, investment properties are seen as a good investment, …

Advice for Buyers and Sellers on Cusp of Busy Spring Market  February 23, 2015 Vancouver, BC – BC Notaries are already seeing signs of a strong Spring real estate market on the horizon. With record low interest rates continuing for the foreseeable future, first-time home buyers and investors are increasingly attracted to the market. Vacancy rates for rentals are very low and rents continue to…

Province Proclaims April 6 to 12 “Make a Will Week” Five Reasons Under 50’s Should Have a Will   FOR IMMEDIATE RELEASE                                                                   April 1, 2015 Vancouver, BC – BC Notaries support the Province of B.C.’s proclamation declaring April 6 to 12, 2015 “Make a Will Week” to encourage residents who don’t have a Will to create one to ensure thei…

Society of Notaries Public of BC Welcomes Signing of Memorandum of Understanding with the Law Society of BC to Pursue Possible Development of Joint Proposal For Immediate Release:  April 15, 2015 Vancouver, BC— The Society of Notaries Public of BC and the Law Society of BC have jointly signed a Memorandum of Understanding (MOU) to pursue the possible development of a joint proposal for consider…