B.C. lawyer accused of citing fake legal cases “hallucinated” by AI filed to B.C. Supreme Court

by clarkwoods | Feb 17, 2024 | News

A B.C. lawyer is accused of using artificial intelligence (AI) to prepare legal briefs in a civil case before the B.C. Supreme Court, citing fake case law fabricated by ChatGPT, an AI-powered chatbot developed by U.S. AI firm OpenAI.  Lawyer Chong Ke with...

New B.C. law changes rules for how pet custody is decided in divorces

by clarkwoods | Feb 2, 2024 | Family Law

Amendments to the B.C. Family Law Act are changing the way separating couples handle pet custody disputes.  Previously, pets were legally considered property and custody of pets was settled as part of the division of property. However, recent updates to the...

As condo prices fall and interest rates remain high, consider the risks when purchasing 

by clarkwoods | Jan 26, 2024 | Real Estate

Folks considering buying a condo presale or preconstructed homes should consider the risks and ensure they have financing in place and are aware of changing interest rates before signing on the dotted line.   Buying presale refers to putting down a deposit and signing...

Signs of housing market stability: B.C. Lower Mainland property assessments increase by 2% in 2024, with Vancouver single family homes rising by 4%

by clarkwoods | Jan 23, 2024 | Real Estate

In a sign that the Lower Mainland real estate market seems to settling into a period of relative stability, recent 2024 property assessments released by BC Assessment this month show little change over 2023. Property owners in Vancouver and the Lower Mainland rung in...

Fraudulent property sale triggers $300k in penalties for real estate professionals

by clarkwoods | Jan 11, 2024 | News

A group of real estate professionals have been hit with more than $300,000 in fines stemming from a fraudulent property sale in Richmond in 2019. According to the B.C. Financial Services Authority (BCFSA), two alleged con artists tricked the realtor, managing broker,...