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What is conveyancing? What are the essential steps in a conveyance? - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Conveyancing is the process of legally transferring the legal title for real property from the vendor to the purchaser. Where the land is already registered (ie not an off the plan contract), these are the essential steps that are involved in a standard contract for sale of land Obtaining finance It is essential that a purchaser has adequate finance to cover the cost of the purchase, stamp duty and any other applicable fees and charges before they proceed with a conveyance. Contract prepared A property cannot be advertised for sale until such time as a

Community Benefit Charges Provide Certainty To The Development Process - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Up until now, developers have been able to input the costs of existing bonusing by-laws (i.e., development charges and parkland by-laws) into their pro forma when the amount has been finalized. However, these amounts have been dependant on individual ward councillors, whom have been given great amounts of discretion by their municipalities. The result has been varying amounts of charges and a degree of unpredictability, even for adjacent lots. The new community benefit charges regime provides certainty to these exercises and the development process.

Importance & Purpose Of Deed Of Assignment In Nigeria - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. A Deed of Assignment is an important legal land document that records a sale of land and transfers interest and title in real property from one party to another starting from the commencement date stipulated in the document. It is a document usually demanded by the buyer of the real property at the conclusion of a property transaction and for it to be valid and binding on parties to the transaction; it must contain certain information. A deed of assignment is considered a must for the transaction of ownership in

Legal Research In Costs Awards - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Despite its importance, legal research is often a line item that comes under close scrutiny when a court awards costs to a successful litigant. Two recent cases demonstrate why legal research comes under such scrutiny. In Fox Excavating & Grading Ltd. v. 2012299 Ontario Inc., 2021 ONSC 451, Justice McSweeney was required to assess whether costs claimed for online legal research should be allowed in a case where the plaintiff had brought three actions arising out of the same contract. Two of the actions were a Lien Action and a Trust Action.

Contract says Arbitrate? So arbitrate! Kenneth Martin J sets out broad arbitral powers in Tensioned Concrete case - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Property developers, construction contractors and others involved in the construction industry are frequent users of arbitration. The only limits to the nature and complexity of commercial disputes that can be referred to arbitration are the limits set by the arbitration agreement from which arbitrators (with help from both statute and judge-made law) derive their powers. Arbitrators powers are defined broadly in both statutes and contracts In fact, as the WA Supreme Court s Kenneth Martin J. recently reminded us, commercial arbitration statutes and most commonly used arbitration agreements tend to expand an arbitrator s powers to deal with disputes that have been properly referred to them. This is generally done by:

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