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Lawyers Clay Williams and Tanvir Gill discuss some of the recent events in B.C. and how they are affecting businesses and people’s livelihood. The major storm that rolled through Kelowna reminds home and business owners to check their insurance policies, as some may not cover them completely.
For example, the people in Merritt who have had their home destroyed by the recent flooding may not be completely covered by their insurance. Williams and Gill investigate that along with answering some important real estate questions with regards to closing a deal in the face of a natural disaster and a force majeure clause.
One other topic that the team discusses is the rumour of the changing capital gains exemption on your principal residence.
Send your questions for any business law topics for Clay and Tanvir to [email protected].
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