BC COURT OF APPEAL CONFIRMS THAT CORPORATE FURNISHED RENTAL BUSINESSES ARE NOT GRANDFATHERED FROM RENTAL RESTRICTION BYLAWS HighStreet Accommodations Ltd. v. The Owners, Strata Plan BCS2478, 2017 BCSC 1039 There has been some confusion about whether rental restriction bylaws apply to corporate furnished rentals, typically known as “executive stay” businesses. This confusion arises in part […]
Residential transactions plunge to just over half the 10-year average for the month, as prices slide across all property types Falling home sales in Metro Vancouver are “largely policy-induced” and policymakers are “using policy to delay housing demand and feeding disruptive cycles,” according to the new president of the Real Estate Board of Greater Vancouver […]
GOOD HABITS TO HAVE A GREAT AND SAFE BBQ SEASON Never keep your propane gas tanks inside nor store them near to a source of heat (charcoal barbecues may not present a risk of explosion, but they may cause a fire or carbon monoxide intoxication). Keep the cover open to avoid gas accumulation when you light the barbecue. Always turn off the gas […]
The Minister of Municipal Affairs and Housing is listening to the concerns of renters and taking action on an early recommendation from B.C.’s Rental Housing Task Force by cutting the annual allowable rent increase by 2%, limiting it to inflation. That means that effective Jan. 1, 2019, the annual allowable rent increase will be 2.5%. “It’s […]
You may find your electricity bill going up during the winter months. Increased heating and other winter energy habits (such as using more lighting for longer hours), can make the average winter electricity bill 66% higher than the rest of the year. There are some steps you can take to heat your home more efficiently and help […]
What do housing pundits predict will happen to the B.C. housing market over the next year? 2018 was an extremely taxing – quite literally – year for B.C. real estate, in which taxation measures and other government interventions slowed down market activity considerably and creating a softening in average sale prices. So what will the […]
With cannabis legalization fast approaching, it is a good time for strata council members to educate themselves about a strata corporation’s obligations when responding to smoking complaints. Regardless of what a strata corporation’s bylaws say about smoking, the strata corporation has a duty to accommodate any resident who has a legitimate medical condition that is […]
The British Columbia government has released regulations to create a new condo and strata assignment register. This register is designed to crack down on tax evasion and make B.C.’s real estate market more transparent and fair for British Columbians. “We will not allow real estate speculators and tax frauds to take advantage of loopholes in […]
