Page 16 - Realty News & Views digital

16 Realty News info@realty-news.ca January

How to get Multiple Offers on Tina Abramenko

www.niceBChomes.com
Your Property and Sell for More REALTOR
tabramenko@gmail.com

than List Price?

буду рада помочь:-)

778-868-7224 Master Certified Negotiation Expert

in Real Estate

#102-403 North Rd, Coquitlam, BC, V3K 3V9

Buyer Beware: ing, an important Meeting (AGM) or a Special Gen-
5 Bylaws to Watch When part of the buyer’s eral Meeting (SGM). Practically
due diligence pro-
speaking, most large strata corpora-
Buying a Condo cess is reviewing tions will have adopted their own
and understanding
custom bylaws.
Buying a condo? The legal doctrine the current bylaws
of caveat emptor (“let the buyer of the strata corporation. A failure Bylaws are only enforceable if
beware”) continues to apply to real to review the bylaws can lead to they are registered with the Land chasers should consider ordering
estate transactions in BC today, and nasty, unwanted surprises for new Title and Survey Authority (LTSA). a copy of the strata corporation’s
can have the effect of denying the homeowners later down the road. However, there is no strict time registered bylaws from the LTSA
buyer a remedy for defects and defi- Schedule “A” of the Strata Property limit within which a strata corpora- prior to submitting an offer.
ciencies discovered in the property Act establishes a standard set of tion must register the bylaws at the
after purchase. In general, the onus bylaws that apply to all strata cor- LTSA after their adoption by the In addition to reviewing the reg-
is on the buyer to determine the porations unless some or all of them owners. In a seller’s condo market, istered bylaws, it is important for
state and quality of the property be- have been replaced by custom by- it is not unheard of for prospective prospective purchasers to request a
ing sold – rather than on the seller laws. Any bylaw amendment must purchasers to submit offers with- “Form B” Information Certificate.
to point out any potential problems. be passed by a three-quarter vote of out any subjects. In such cases, Продолжение в февральском
When purchasing into a strata build- owners at either an Annual General time-permitting, prospective pur- номере

Следующий выпуск • а также много других • Ukraine kidnappers free • assessment notices next

газеты выйдет в тем, как например: cryptocurrency analyst week
•
ФЕВРАЛЕ On-Line версия Only Is 2018 the year to buy a after $1 million bitcoin • Mortgage ‘stress test’
brings winter real-estate
home? 5 factors that could
ransom paid
Bitcoin will trade under
• affect housing prices • West Vancouver seeks • spike
consultants to advise on
Foreign ownership data
Известный в Ванкувере риэлтор получил 75 тыс released so far just the ‘tip what can be built at ‘Cy- $5,000
ДОПОЛНИТЕЛЬНЫХ комиссионных от своего of the iceberg’ press Village’ • China puts US$15,000
клиента (продавца) - по его мнению, он не • Court permits sale of West • What’s your home worth? annual personal cap on
нарушил закон...но у судьи мнение было совсем End strata over objections City sending out property overseas withdrawals
другое .. как события будут развиваться далее,
of some owners

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