go easy on fall garden cleanup

(September 19, 2018, posted in Tips)

Time to rake up the yard, deadhead the perennials and till the vegetable garden? Not so fast.

Popular opinion is swinging toward letting things stay just as they are through winter — decayed and drab but serviceable.

Displaying a messy yard may not win any good-neighbour awards, but entomologists say our vital but dwindling insect pollinator populations would be much better off.

“People are increasin... read more.

property transfer tax return changes now in force

(September 18, 2018, posted in Tips)

Changes to the Property Transfer Tax (PTT) return came into force on Monday, September 17.

When buying real estate using a corporation or trust, buyers and transferees with significant interest in property will now be required to be identified on the PTT return and must disclose:
  • their name(s);
  • date of birth;
  • citizenship information;
  • contact details; and
  • tax identification numbers.
Changes aren’t retroac... read more.

Fire insurance facts

(August 12, 2018, posted in Tips)

More than 500 wild fires are burning throughout BC, with evacuation orders and alerts affecting hundreds of people.

During this crisis, it’s important to understand what you should expect from your insurance.

First, existing insurance policies and renewals aren’t affected.

Second, while insurance underwriters follow their own companies’ guidelines, expect that where evacuation orders or alerts exist... read more.

consequences for short-term rental violators

(August 11, 2018, posted in Tips)

Strata corporations will have new powers to pass bylaws restricting or banning short-term rentals and fine non-compliant owners or residents up to $1,000 a day because of changes to the BC Strata Property Regulation.

The goal is to help strata corporations deal with the noise, mess, and security when strata units are rented short-term, and to keep long-term rentals in the market.

The change will tak... read more.

new real estate rules protecting home buyers and Sellers

(June 15, 2018, posted in Tips)

New real estate rules took effect today that will change the way REALTORS® and their clients work together.

Specifically, the new rules will prohibit the practice of limited dual agency and require real estate licensees in BC to provide additional information to their clients about how they’re compensated.

The move to single agency is a significant change from the practice over the years when Realto... read more.