Learning Centre
Zancope Notary YouTube Channel
In case you weren’t aware of it, Zancope Notary has a YouTube Channel with several videos on different topics. Here is a transcript of the video below on what happens with the annual property tax when you purchase real estate during the tax year. Question: Property...
Buying or Refinancing? Borrow Only What You Need
If you are buying or refinancing property, the bank might offer you a larger mortgage than you need. While it’s tempting to have those extra funds available, it’s not worth paying for extra money you don’t need. Sometimes people feel that they have to take all the...
Property Transfer Tax in British Columbia
Whenever a property exchanges hands in BC, the provincial government charges Property Transfer Tax (PTT). This tax, paid by the buyer, is often overlooked, and many people forget that they need to pay PTT in addition to a down payment! This tax can also apply when you...
What Is a Wills Notice Search?
After you make your will, you might think it is automatically filed with the government. In fact, the will document itself is not filed anywhere. Rather, it remains private until the death of the will maker. To keep track of wills in British Columbia, the provincial...
Title Transfers in BC: How to Add or Remove Names on a Property Title
There are many reasons to update the names on your property title. For example, a change in marital status due to divorce, marriage or death requires a title update. In addition, the process of estate planning sometimes involves adding or removing names on a title....
Who Can Notarize a Document in Canada?
A notarized affidavit is a document that contains a sworn statement of facts, signed by the statement maker in the presence of a trusted licensed professional. Affidavits have legal clout, and can be used as evidence in court. Affidavits can be used for different...
Notary vs. Lawyer: How to Choose
A notary and a lawyer both offer professional legal services. How do you know which one is right for you? Find out why a notary may be exactly what you need. How do you know when to consult a notary or lawyer? This is a common question, and it’s a good one. Both...
It’s Time to Take Advantage of a Buyer’s Market
Not sure about buying real estate? With low interest rates and plenty of inventory, this summer could be the right time to buy. At the end of April, the Bank of Canada held its overnight interest rate at 1.75 percent. Because most banks base their mortgage rates (and...
Advance Directives and Representation Agreements
Don’t delay personal planning if you become seriously ill. Being diagnosed with a serious illness can be emotionally trying—for you and your family and friends. Still, it’s important to take a few minutes and consider your personal planning options. Every illness...
What Is a Spouse? How Courts Award Spousal Benefits Under BC Estate Law
You probably have a clear-cut idea of what makes a spouse. A marriage certificate with both your names is a good start. So is sharing a home for at least two years. For the courts, however, determining spousal status isn’t always simple. Recent rulings based on the...