BC Notaries Offer 10 Essential Tips for Strata Property Buyers
Strata Property Purchases Rising due to First-time Buyers and Empty Nesters
For Immediate Release July 17, 2013
Vancouver, BC—The popularity of strata title properties is rising in BC as both first-time buyers and empty nesters embrace th…
At the beginning of this month, Canada Mortgage and Housing Corporation (CMHC) increased its homeowner mortgage loan insurance premiums. The increase applies to mortgage loan insurance premiums for owner-occupied, self-employed, and 1-to-4 unit rental properties, including low-ratio refinance premiums. According to CMHC, on average that will result in a $5 increase in owners’ monthly mortgage p…
When making an offer on a home, include subjects (requirements that must be met to proceed with the purchase) and realistic time frames that will allow you to ensure you have financing in place, have the home inspected, and have time to review strata council meeting minutes, if applicable.
When making an offer on a home, include subjects (requirements that must be met to proceed with the purch…
BC Notaries First-Time Home Buyers Tips for
Busy Spring Market
2014 Spring Real Estate Market Stronger Than Last Year
FOR IMMEDIATE RELEASE May 22, 2014
Vancouver, BC – BC Notaries throughout B.C. have been experiencing a strong Spring market; particularly in Vancouver, Victoria, and in resource-based towns including …
Regardless of the type of document being kept safeguarded in Canada while on vacation, it is crucial that one’s trusted Representative can get them, if needed. If the documents are safe at home, make sure someone has a key and knows where to find them. If they are in a safe, the Executor or Attorney will need the combination or key. As a service, some Notaries will store these documents for cli…
Depending on how the Representation Agreement is prepared, a designated Representative’s authority can include:
routine finances
decisions regarding healthcare, personal care, and limited legal affairs
refusal or consent to life support treatment and care
consent to less common medical procedures/treatment
consent to treatment the Adult approved while capable but since losing capacit…
Myth: Most investment rental properties in Vancouver are owned by off-shore buyers.
“I have seen an increase in local residents purchasing condos downtown as an investment,” says Akash Sablok, President, The Society of Notaries Public of BC, and a Notary Public in East Vancouver. “Due to lower interest rates and a strong rental market, investment properties are seen as a good investment, …
Advice for Buyers and Sellers on Cusp of Busy Spring Market
February 23, 2015
Vancouver, BC – BC Notaries are already seeing signs of a strong Spring real estate market on the horizon. With record low interest rates continuing for the foreseeable future, first-time home buyers and investors are increasingly attracted to the market. Vacancy rates for rentals are very low and rents continue to…
Province Proclaims April 6 to 12 “Make a Will Week”
Five Reasons Under 50’s Should Have a Will
FOR IMMEDIATE RELEASE April 1, 2015
Vancouver, BC – BC Notaries support the Province of B.C.’s proclamation declaring April 6 to 12, 2015 “Make a Will Week” to encourage residents who don’t have a Will to create one to ensure thei…