Calgary Vacation Property Lawyer

CALGARY VACATION PROPERTY LAWYER

Acquiring a high-end vacation property (typically in excess of half-a-million dollars), whether in Canada, the United States of America or elsewhere in the world, comes with a unique set of legal complexities beyond those found in a standard real estate transaction. These legal (and tax) consequences can be quite substantial, especially when appropriate legal planning and structuring are not undertaken prior to its acquisition, together with a failure to maintain the appropriate operational course of action relative to one's possession of said high-end vacation property.

The legal work that we are able to render with respect to high-end vacation properties includes:

* Providing specialized legal counsel, in conjunction with the legal work undertaken by local real estate lawyers, with respect to the particular aspects of purchasing or selling a high-end vacation property (as opposed to real estate that is one's primary residence).

* Structuring the acquisition or sale of the vacation property to legitimately minimize the incidence of tax arising from such transaction.

* Preparing the legal documentation related to renting one's luxury vacation property to appropriate individuals, with the aim of protecting your property against damage and theft, together with undertaking due diligence with respect to prospective renters.

* Dealing with property management matters associated with your extended absence from the property and legal / insurance consequences arising therefrom.

* Attaining the appropriate advisement on legal and tax matters associated with the acquisition of overseas vacation properties.

As such, when you are looking to acquire, sell or lease high-end vacation property, or are faced legal issues associated with such real estate, Neufeld Legal PC is capable of representing your legal interests therein. Contact lawyer Christopher Neufeld at Chris@NeufeldLegal.com or 403-400-4092.

*Our law firm is involved in the legal side of the purchase (or leasing) of high-end products including, but not limited to, private aircraft, fine art, and vacation properties.