Legal Issues

Do I need mortgage insurance???

By schmidt | Published: October 22, 2009

Mortgage insurance protects both you and the lender in the event you can’t make the mortgage payments. Lenders are aware that lives can change significantly over the typical 25-year mortgage term.  Ours lives are unpredictable.  Sometimes we are thrown curve ball, like an illness or injury that you may not recover from or are unable … Continue reading Do I need mortgage insurance???

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Important Information for Edmonton Renters and Landlords

By schmidt | Published: March 12, 2009

Condsidering becoming a landlord?  Wondering what your rights are as a tenant?  The Residential Tenancies Act is a resource you can’t do without.  Everything from giving Notice to Vacate, to Security Deposits and resolving Disputes – it’s all here and it’s the law.  Visit the Queen’s Printer online to read this document. If you are … Continue reading Important Information for Edmonton Renters and Landlords

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City of Edmonton Allows More Secondary Suites

By schmidt | Published: February 23, 2009

We are frequently asked what is permitted in terms of suites in Edmonton.  While many suites in the city are not “city approved”, some have existed for years, especially near the university, community colleges and NAIT.  Thanks to a new initiative from the City of Edmonton, property owners can apply for funds to upgrade illegal suites to meet current building … Continue reading City of Edmonton Allows More Secondary Suites

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