A Blog For Condo Buyers and Sellers
There has been an interesting change to the Strata Property Act in British Columbia. For any new condo development that filed its Rental Disclosure Statement after December 31st, 2009, and in which the disclosure statement reserves the right to rent units for a period of time (which most do), the strata will not be able [...]
Well, it is amazing to me that with recent admissions that there are likely a large number of leaky building still out there and not dealt with, and with a large number of people experiencing financial difficulties in these times, the Provincial Government has decided that it is not longer necessary to provide assistance to [...]
The city is taking an interesting position accommodation in the city, now allowing condo owners to have secondary suites. This should allow more people to be able to afford condo ownership, as well as provide more much needed housing.
Read more here.
Hopefully the Government will make good on this. Read more here.
Well this was bound to happen, just like any insurance or warranty, the providers will try and find a way out and if they can they will. Of course does this really mean they are doing something wrong, well that is up for interpretation. One thing is for sure, it is a bit scary. Read [...]
There is a situation right now in East Vancouver where a Developer is offering tenants more than they are required to to vacate their units. At issue of course is that they are affordable units and the developer will tear them done and build new condos, town homes etc.
OK, of course we don’t like to [...]
Well this really is not a surprise, but it is just something that we have not really seen much of before. A couple in North Vancouver is now involved in a Lawsuit with a developer for not completing on a pre-sale contract. The Developer is going after 7 in total right now. Read full details [...]
Photo Courtesy of: SqueakyMarmot
Looks like the city is planning to slow or even stop residential development in the Core/Financial district of downtown Vancouver. The idea is that it will help spur more commercial or office development which has been moving away form downtown due to lack of space and high cost.
Personally I this makes sense [...]
There are always thorny issues when it comes to relations between Landlords, Tenants, and the Residential Tenancy Board.
As is pointed out in an article at Straight.com , The Law states that in order for a Landlord to be able to make a claim against the Damage deposit, and any further claims they must have a [...]
I found an interesting article today about the fact the the BC Government is looking at changing the Building code to allow wood frame building to be built 6 stories high rather than the current 4 stories.
This would certainly make it possible to build certain buildings that would not have been viable before with concrete [...]
