(Calgary - November 2013): Here's a timely tip from Calgary lawyer Lou Pesta that both buyers & sellers of property should take note of. It applies to not only Canada but to real estate transactions everywhere.
The way the Christmas and New Year's Holidays are scheduled this year many law firms (including ours) will either be closed entirely or will operate with only skeleton staffing between December 20th and January 6th.
In addition, the Alberta Land Titles Office and major banks in the city of Calgary will be closed a number of days between Christmas and the New Year.
As a result it will be extremely difficult to close Calgary real estate transactions falling within this time frame and I urge you to schedule your closings accordingly.
Lou Pesta Q.C. - a Calgary lawyer with Walsh LLP- is involved in all aspects of real estate and promotes continuing education as a leading instructor of law classes offered by real estate boards across the province, and a frequent contributor to, and panelist on, real estate seminars for lawyers organised by the Legal Education Society of Alberta.
As legal counsel to the Alberta Real Estate Association (AREA), Lou is a standing member of the Standard Forms and Practice Committee and writes a monthly legal column, ‘Legal Lou’.
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