Welcome to Lucke Law

As a small specialized practice, we focus on client satisfaction. Our philosophy is that we need to provide each client with the best customer service possible. This is done by assuring ever client that their matter is of utmost importance to our office. We regularly ensure that all clients are up-to-date on their matters. We also provide each client with a number so they can reach their lawyer directly should they have any questions or concerns.

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Dec
19

Late Interest

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I am often asked by clients about late interest on a real-estate transaction. Most people have a significant fear of late interest, but I believe it is nothing to fear. We prefer to close all of our transactions without late interest, and with the launching of Gap coverage on almost all title insurance policies, late interest is less common that it once was. Late interest is paid in a transaction when the total of the funds are not available. Currently late interest is set in most contracts at the current Bank of Canada overnight lending plus 4% ONL +4...

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