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Joint Tenants vs Tenants in Common

Joint Tenants vs Tenants in Common What is it? When two or more people purchase a property in British Columbia together, they can own that property in one of two ways: Joint Tenancy or Tenancy-In-Common. Tenancy-In-Common is a form of combined ownership, whereby each person owns an undivided share in the property. The shares must…

Patent Defects / Material Latent Defects / Stigmas

Patent Defects / Material Latent Defects / Stigmas Types of Property Defects When buying, selling, or renting a home, potential defects can significantly impact the transaction. There are two key types of defects to be aware of: Patent defects are visible issues that can be identified during a reasonable inspection. Examples include broken windows, damaged…

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