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Certain qualifying property owners can enter into an agreement with the Province of British Columbia to defer the payment of property taxes on the owner’s primary residence   The program is primarily directed toward seniors and parents of dependent children who are facing financial hardship to assist them to stay i...

Property taxes are adjusted by your lawyer when a property is transferred  Property taxes are charged to the property (as opposed to the owner), therefore if there is a property tax bill which remains unpaid from a former owner, the current owner is liable to pay itEach year property owners are liable to pay prope...

I commonly get calls from home buyers and Realtors on what the legal notation "This Title May be Affected by a Permit under Part 26 of the Local Government Act" (previously Part 29 of the Municipal Act) meansUnder s927 of the Local Government Act, a local government (municipality or regional district) is required t...

Aria is a development of multifamily condominium apartments which are located between the 8th and the 9th hole of the Two Eagles golf course in Westbank, BC (Development Website) Homeowners are issued a share in the Lessee Corp and granted a leasehold interestWhat is the term  Unless earlier terminated, the suble...

Sage Creek is a development of modular homes which is located adjacent to the Two Eagles golf course in Westbank, BC (Development Website) Homeowners are issued a share in the Lessee Corp and granted a leasehold interestWhat is the term  Unless earlier terminated, the sublease expires: April 24, 2105 Upon termina...

http://wwwyoutubecom/watchv=FiZbAgmM6Ck&feature=youtube_gdataPeter Borszcz is a Real Estate Lawyer and Business Lawyer practicing in Kelowna, BC in the law firm of Montgomery Miles & Stone Law Firm...

Copper Sky is multi-family development over looking Lake Okanagan and located on Old Okanagan Highway (Developers Website)What is the term  Unless earlier terminated, the sublease expires: July 29, 2106 At the end of the term, your leasehold interest will expire and you must remove all belongings and leave the pr...

Sonoma Pines is a community located next to Two Eagles Golf Course on Carrington Road What is the term  Unless earlier terminated, the sublease expires: April 30, 2102 At the end of the term, your leasehold interest will expire and you must leave the premises in good condition  What type of Lease is it Sonoma Pines ...

Located at 2070 Boucherie Rd, Westbank, BCWhat is the term  Unless earlier terminated, the sublease expires: January 31, 2106 At the end of the term, your leasehold interest will expire and you must leave the premises in good condition Is the lease entirely prepaid  YES - The rent is pre-paid however, there ar...

Most transactions involve the discharge of at least one financial charge, being a Seller's mortgage which is found on most titles Where a seller has run into financial or legal trouble, often a Judgement, Builder's Lien or Certificate of Pending Litigation are registered against title to the LandsJudgement - A judg...

Equitable Charges and Rent Charges are charges which indicate that there are payments due from the landowner to the chargeholder In the Okanagan region often these charges are placed on lands by private utilities at resorts (for example: Big White, Silver Star or Apex Ski Resorts) to secure the payment of utility fees ...

A Priority Agreement is a notation on a Land Title where one chargeholder has chosen to grant priority over its prior registered charge to a subsequent chargeholderIn most cases, a Priority Agreement is registered by a lender (bank) holding a mortgage which requires priority over a previously registered mortgage On...

In British Columbia, there are generally two types of Covenants which are noted as charges on a Land Title:Covenants or Restrictive Covenants - must be "negative" obligations restricting what an owner can do on the lands and, similar to easements, there must be a dominant (benefited) lands and servient (burdened) ...

Statutory Building Schemes (under s220 of the Land Title Act) are charges on title that contain terms which limit what a home owner can do with his property and are placed upon the property by a developer at the time of subdivisionDevelopers use a Statutory Building Scheme to ensure that the neighborhood has a cert...

An easement is a property right where a land owner has the right to use a neighbor's property for the purposes defined in the easement Easements can be used for a variety of purposes including:Access (including Shared Driveways) Discharge of Materials (Septic Fields) Private Utilities (Public Utilities often u...