buying/selling a house

Ask an Expert: I’ve been separated for years. Why do I need my ex-spouse’s consent to sell the house I bought after our separation?

Dower rights give a non-owning spouse the right to live in the house following the owner’s death. Alberta law requires any landowner who is selling land in his or her own name to swear an affidavit setting out that: (a) he or she is not married; (b) an ex-spouse has released his or her dower […]

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Ask an Expert: My spouse and I have separated, and I have placed an offer on a new home. Do I need a separation agreement to get financing to make the purchase?

Yes. Your banker/lender will want to see a legally enforceable separation agreement so as to determine your financial obligations to your spouse or your spouse’s financial obligations to you. This may include child and spousal support payments. You will need to be patient as it may take some time for you and your spouse to […]

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Ask an Expert: I am buying a house in August. Who pays property taxes this year?

Taxes are levied  for the calendar year and are due June 30 in St. Albert. If paid in one lump sum by the seller, you will pay the seller your share of the year’s taxes though the lawyer’s Statement of Adjustments. If the sellers paid the taxes in monthly payments to the City, you will […]

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Ask an Expert: If one of our appliances is listed in the real estate purchase contract as being sold with our home, can we replace that appliance with a different one before closing?

The answer is no. There is an expectation that the buyer will receive the same appliance as was in the home when the offer was made, unless otherwise specified in the real estate purchase contract. The contract also provides that the appliance will be in good working order on the day of closing. If problems […]

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Ask an Expert: Is it a good idea to sell and buy a home on the same closing day?

While the actual moving day will be hectic, from your lawyer’s of view, it can be done. However, if for some unanticipated reason, your sale closing is delayed and the money is received late at your lawyer’s office, the money will not be available to complete your purchase. Your taking possession of the new home […]

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Ask an Expert: I’ve been separated for years. Why do I need my ex-spouse’s consent to sell the house I bought after our separation?

Legislation requires any landowner who is selling land in his or her own name to swear an affidavit setting out that: (a) he or she is not married; (b) an ex-spouse has released his or her dower rights; or (c) neither he or she, nor his or her spouse, ever lived in the property for […]

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Ask an Expert: Why do I need a real property report and compliance when selling or buying a home?

If you are a seller, the standard real estate contract states that these are documents that you must provide to the buyer, unless set out otherwise in the standard real estate contract. These confirm that the building location warranties given by the seller in the contract are true. If you are a buyer, you will […]

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