Stratas shifting to 55+ presents 'massive loophole' in Property Act, Duncan condo owner says

A condo owner in Duncan says her strata opting to go 55+ will significantly impact not only her finances, but her personal life — prompting her to ask British Columbia’s premier to fix a “massive loophole” in recent changes to housing legislation.

Brianne Pascoe, 30, purchased her unit last June. When she moved into the building it was 19+, but since then the government has made significant changes to the Strata Property Act with Bill 44 — including what some are calling a loophole upending the lives of buyers and renters.

That’s because Pascoe’s strata voted to restrict anyone under 55 from moving into the building, something other strata councils around the province have been doing ever since the changes came into effect last November.

The new laws aim to increase B.C.’s housing stock to help solve the province’s rental shortage, with changes to the Act scrapping rental restrictions, including

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6 Unusual Rules That Have Shaped How Condos Have Been Built (For Better Or Worse) - Property Blog Singapore

Property developers in Singapore have a solid reputation, but a common criticism is that our projects are all “cookie-cutter”. There’s only one Interlace for every dozen other similar-looking projects. But there are reasons why developers build this way, just as there are reasons for some of the more awkward design choices.

For example, you’ve probably wondered why some rooftop facilities don’t have a proper shelter built when it seems like such an obvious thing to include. Or perhaps why do some developments just have so few car park lots (or even visitors ones for that matter), when it only makes sense to build more for the number of units.

Truth be told, while most things would just come down to cost, there are some others that actually have reasonable explanations for it.

Here are a few of the most common ones:

1. Bigger condos are more “cookie-cutter” thanks to ABSD

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Real Estate

China to guard against risks among property developers - Premier Li

BEIJING, March 5 (Reuters) – Warning that risks remain in the property market, China’s government said in a report released at parliament’s annual opening on Sunday that it would promote the sector’s stable development and prevent disorderly expansion by developers.

Premier Li Keqiang made guarding against risks to top property developers one of the government’s priorities this year, amid still cautious buyer sentiment, following through on the work done at a key economic meeting in December.

“There are more potential risks in the real estate market and some small and medium-sized financial institutions are exposed to risks,” Li said in the government’s work report for 2023.

Since mid-2021, the property sector has grappled with a liquidity crisis, with many developers defaulting on, or delaying, debt payments as they struggle to sell apartments and raise funds. Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or

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How To Begin Your Overseas Actual Property Portfolio

Read the latest news about residential and industrial real property within the Seattle area and Pacific Northwest. You should clear about fees that the seller costs you you for each and every specific service. Additionally ensure that this company will present you complete upkeep and advertising services inside your price range. A rental managing company all the time should lead to upkeep works and proper advertising and marketing of the homes, lands and apartments to acquire their true advantages. The company will also answerable for looking tenants, screening them and leasing the properties. The firms need to have a computerized lease assortment system or accountable staff to gather payment at all times on time and deliver to the clients.

Existing landlord and homeowners in Tampa are too conscious that rental properties normally are usually not an easy enterprise to get into. But it can be one in the most worthwhile. …

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Berkeley Real Property Market Comparability Report (february 2009 Vs. February 2010)

Established in 1911, Douglas Elliman Real Estate is the biggest brokerage within the New York Metropolitan space and the second largest unbiased residential actual property brokerage in the United States by sales quantity. When looking for the proper Appraisers you must seek information and ensure they have got their proper credentials. Legal guidelines differ from State to State while using most of US States requiring all Appraisers to have intensive training and move required exams prior to them getting their Actual Property Appraiser credentials. It’s also beneficial to talk with any past clients of these as a result of this will be the best indication about how exactly they carried out their services together with an excellent company shall be more than pleased to produce a listing of glad earlier prospects.

Unquestionably, you will have to select nice deal of jobs to have the ability to secure a terrific Spanish …

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