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This initiative allows lawyers in certain circumstances to advise an institutional lender client that it need not obtain an up-to-date building location survey as a condition of funding a mortgage loan, provided there are no known building location defects.
See Western Law Society Conveyancing Protocol (British Columbia) – Version 3
- The Policy wording
- Reporting a claim
- Your coverage
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- What activities are covered and what are not
- Acting as an arbitrator or mediator, custodian, practice trustee / attorney, winding up caretaker or locum
- Acting as an executor or personal representative of a deceased, an administrator, an escrow holder, an attorney appointed under a Power of Attorney, a guardian, a trustee, a committee
- Practising outside of BC or advising on the law of another jurisdiction
- Pro Bono Legal Services
- Acting as an outside director or officer
- What damages are covered and what are not
- What claims are excluded