Lease, Agreement To – Void for Uncertainty #85

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A. LL.B. Lance lay on the chesterfield, his headache just beginning to respond to his wife’s soothing cool hand on his forehead. The cause of his headache – a three-day trial and a judgment that was a blow to Lance’s pride. You see, Lance thought of himself as an expert in leasing property,

Locked-in Mortgage – No right to prepay #84

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A. LL.B. There must still be some high interest mortgages in force because I have received several calls from licensees asking for an update of columns 38 and 39 in which the question of whether or not a locked-in mortgage could be prepaid before maturity was discussed. As you will recall, the opportunity