Becoming a Home Owner

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The idea of finding your new home involves a combination of research, time, effort, and of course a broad range of emotions. Knowing where to start and what to expect can ease you through the process, ideally in the most straightforward direction. We suggest you begin by connecting with three important contacts: a banker/mortgage broker,…


Can the BC HOME Partnership work for you?

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Are you a first-time home buyer in BC or do you know someone that is? If so, you may have heard of the BC Home Owner Mortgage and Equity Partnership – or the BC HOME Partnership for short, which started in January 2017 and will continue until March 31, 2020. What you may not have…


Property Transfer Tax: Changes in the BC Budget

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Property Transfer Tax is often the tax that purchasers in BC have the hardest time accepting when buying a home. Property Transfer Tax (PTT) is payable on the fair market value of a property when purchasing or transferring property registered in the BC Land Title Office, unless one of the exemptions apply. With residential real…


5 Tips for First Time Home Buyers in BC

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When you make the exciting decision to buy a house, it is important to know what to expect from the time you start the house hunt until you hold the keys. Buying your first home can be daunting, but here are a few tips to help get you started. Build Your Team: The key is…


Land Use Contracts – Why Owners, Lenders and Buyers Should Be Concerned

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Article By: Andrew P. Prior and Courtney MacRae Proposed amendments to the Local Government Act being considered by the legislature will change the law relating to Land Use Contracts. The Miscellaneous Statutes Amendment Act 2014 (Bill 17) proposes amendments to various Acts, but amendments to the Local Government Act will bring to an end all…


Sitting on your dock in the bay? Maybe not.

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In the past few years, the Ministry of Forest, Lands and Natural Resources has directed additional resources towards reviewing and enforcing the rules and regulations associated with the use and construction of docks, retaining walls and other structures along the shoreline. As a result, waterfront property owners throughout the Okanagan-Shuswap are finding out that they…


Why Even Small Home Renovations Should Maintain a Builders Lien Act Holdback

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A lot of small and medium (and, surprisingly, sometimes even large) sized residential renovations neglect to follow the requirements imposed by the Builders Lien Act – most notably the need to maintain a 10% holdback on funds paid by the owner to the general contractor (or contractors if there is no general contractor).  This holdback…


Good Bylaws Make Good Neighbours?

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Although it is preferable to have truly good neighbours, most of the time we can at least rely on the old saying that good fences make good neighbours. What can be done, however, for those times when a sturdy cedar fence is not going to be enough?  Even the best fence can’t help you with…