DBM Real Estate Law Blog

Five Things To Consider When Deciding How to Own a Property with Another Person When you purchase a property in BC with another person (or other people), you can own that property in one of two ways: Joint Tenancy or Tenancy-In-Common. When making that decision, consider these five issues.

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You may have heard about the Empty Home Tax, which was approved in November 2016 and the tenancy deadline for non-principal residences came into effect on Canada Day.

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Rules For British Columbia You Need To Know About.

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On December 15, 2016, the BC Government introduced the Home Owner Mortgage and Equity (HOME) Partnership. This program is intended to provide qualified first-time home buyers with a loan up to a certain amount for purposes of a down payment towards the purchase of a principal residence that will be interest free for a period of 5 years with certain conditions.

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Effective August 2, 2016, an additional property transfer tax applies to residential property transfers to foreign entities in the Greater Vancouver Regional District.

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