Closings for real estate transactions following floods

As Alberta’s online Land Titles system (SPIN II) is running, closings can be completed as scheduled for both residential and commercial real estate transactions.  In certain instances, title insurance may be needed to faciliate a timely closing.

This, of course, does not apply to properties which are not accessible or which have been damaged or destroyed due to the floods.  These situations will need to be dealt with on a case-by-case basis.

In all instances, reasonableness on the part of both buyer and seller is needed to overcome these extraordinary circumstances.  We have found all of the clients, lawyers and realtors that we have been dealing with to be working toghether as true Albertans to complete transactions in the most reasonable way.

For further information, please do not hesitate to contact our office.

KH/Dunkley Law Group

Written by Khalil Haji

Khalil is the principal lawyer of KH/Dunkley Law Group. He graduated as a gold medalist from the University of Calgary’s Haskayne School of Business, and then went on to obtain his Bachelor of Laws degree from the University of Western Ontario (graduating in 2007). After he graduated from the University of Western Ontario, he practiced law at national firms in both Calgary and Toronto. He opened his own firm - KH Law - in 2010, where he practiced until forming KH/Dunkley Law Group.