ABSOLUTELY! Yes, this picture is painfully familiar to everyone that lives in Langley area. If you are purchasing Strata unit or if you are renting Strata unit, you need to have your own insurance in place. Nine times out of ten when we advise our clients that they need to have their own insurance in place when they are purchasing Strata unit , I see surprised look on their face. Please read the article attached, it is from one of our old Scrivener magazines. It explains more about Strata insurance and claims.
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1 year 1 month ago
Do I need to pay my property taxes if I am selling my property?
Absolutely! Many people think that property taxes are paid July to July… Actually, it is common misconception. We pay property taxes for the calendar year. So in July this year, you will be paying your 2016 property taxes. The amount that was paid by you will be adjusted on the Statement of adjustments by your Notary at the time of a Sale of your property.