Strong Spring Market Carries Into Summer Months
VANCOUVER, B.C. – August 5, 2009 – The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices.
The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, becoming the hi ...
On July 23, 2009, Premier Gordon Campbell and Finance Minister Colin Hansen announced that, effective July 1, 2010, BC will adopt a Harmonized Sales Tax (HST), combining the seven per cent Provincial Sales Tax (PST) with the five per cent federal Goods and Services Tax (GST) for a single sales tax rate of 12 per cent. An additional seven per cent tax will be charged on a variety of real estat ...
This edition focuses on some tips in identifying between "fixtures" and "chattels".
Fixtures vs. Chattels
When buying and selling property, you're usually not just conveying the rights to land, but also the transfer of improvements on the land. And while you would think that it would be easy to identify the difference between Fixtures and Chattels, the distinction i ...
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