Property & Development Overview
Our firm provides real estate transaction services to corporate and individual clients from both within and outside Manitoba. Our clients include many large corporations, major financial institutions, funds and brokers.
The real estate group, through recognized leaders in this area of the law, provides a full range of services and expertise, from basic conveyancing work, to advising on commercial sales and purchases, leasing, development, construction, property management and condominium development and management, to realization on security through foreclosure and insolvency remedies. A number of our senior practitioners are also frequently involved in advising and assisting clients in structuring transactions, both in real estate transactions and, through co-operative efforts with other practice groups within the firm, in corporate-commercial transactions and in litigation having real estate elements to them.
- Property Development
- Property Management
Understanding Manitoba Land Transfer Tax
I often get calls from counsel from other provinces about the workings of Manitoba land transfer tax. The requirement to pay land transfer tax in Manitoba arises out of Part III of The Tax Administration and Miscellaneous Taxes Act. The tax is exigible on the registration of a transfer at a Land Titles Office (LTO). The LTO is made the agent of the Crown for purposes of collecting and remitting that tax. Read more...
Manitoba Land Titles Office Document Witnessing Rules
Effective December 5, 2011, the Manitoba Land Titles Offices implemented the following rules regarding the witnessing of Land Titles Office documents. It should be noted that the rules pertaining to who may sign have not changed. Only the rules pertaining to the witnessing of signatures have changed. It is no longer sufficient or necessary that a corporation affix its corporate seal over the signatures of its proper signatories. All persons signing on behalf of a corporation must have their signature witnessed on those documents requiring a witness, such as a Transfer of Land or a Mortgage. Read more...
You Can Pay Me Now or...
On February 11, 2011, the Supreme Court of Canada issued its decision in the Alberta case of Smith v. Alliance Pipeline Ltd. As Justice Fish colourfully described it, "The seeds of this dispute were sown in a thin layer of manure spread by the appellant on a strip of his land that the respondent was obliged to reclaim. ". Read more...
Everything you wanted to know about Manitoba Land Transfer Tax November 23, 2012 3:46 pm
Land transfer tax is a transaction cost that is often overlooked and seldom understood. Learn how land transfer tax is applied in Manitoba, how it is calculated and what transactions are and are not subject to the tax. John Stefaniuk, will provide an overview of the application of land transfer tax and the steps that can be taken to minimize the tax payable on real property transactions during this one hour webinar. Read more...