Big announcement for first time buyers! - New PTT Limit
New Property Transfer Tax exemptions for first-time buyers and new homes in BC
New Property Transfer Tax exemptions for first-time buyers and new homes in BC
Did you read our email last week on rental restriction bylaws? Ok forget everything we said. The proposed legislative changes came into force sooner than we expected.1. Rentals – Rental restriction bylaws in strata corporations are no longer valid. Short term rental bylaws are still allowed, and a strata corporation or section can still create a bylaw banning or limiting short term rentals.
Contingency Reserve Fund - what to know
New Tax Announcement -Anti flipping tax- New Budget
Low Strata Fees are not always a good thing. Here are some points to consider...
Strata Property New Home Warranty
There is no doubt that it’s important for strata corporations to be fiscally responsible. That being said, strata corporations whose main focus is keeping strata fees as low as possible can, at times, make decisions that lead to low strata fees in the short term, but significantly higher costs to the owners in the long term.
When it comes to the modern property market — especially for first time buyers — a strata development should be just as viable of an option as a conventional home