richmond bc: Balanced conditions provide a stable backdrop
- 07/06/13 10:56 AM
Balanced conditions provide a stable backdrop for today’s home buyers and sellers The Greater Vancouver housing market continues to maintain a relative balance between the number of homes for sale and the number of people looking to purchase a home in the region today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,642 on the Multiple Listing Service® (MLS®) in June 2013. This represents an 11.9 per cent increase compared to the 2,362 sales recorded in June 2012, and an 8.3 per cent decline compared to the 2,882 sales in May 2013. Last … (0 comments)
richmond bc: New Family Law Act - major changes to division of property and debt
- 06/10/13 05:09 PM
The new Family Law Act came into force on March 18, 2013, replacing the outdated Family Relations Act (1979). The legislation was developed after consultation with more than 500 organizations, community groups, the legal community and other stakeholders. It aims to meet the changing needs of families, including common-law families, which are growing at a rate four times faster than married couples, according to the BC Ministry of Justice. Property division Under the old Family Relations Act, when a married couple separated, assets including property owned by one spouse before the marriage were subject to presumptively equal division unless the court found grounds to “reapportion” property and … (0 comments)
richmond bc: What’s a property worth? Property assessment notices are here
- 02/08/13 04:30 AM
Property owners throughout BC received their 2012 assessment notice the first week of January from BC Assessment (BCA). This notice is BC Assessment’s estimate of a property’s value as of July 1, 2012, and for new construction or substantially renovated homes, the physical condition as of October 3, 2012. BCA is the government agency responsible for determining and reporting property value estimates for the 1,935,426 properties in its database, a 0.92% increase in the number of properties since 2012. BC Assessment and a REALTOR® assessment. Why the difference? BCA’s assessment and the market value determined by a REALTOR® may be different. Why? … (0 comments)
richmond bc: Some Fast Facts About Richmond
- 10/24/12 09:14 AM
HistoryRichmond was incorporated on November 10, 1879 and designated as a city on December 3, 1990. Historical industries include fishing, salmon canning, boat building, agriculture - dairy and berry production, aviation, export, and service. The founding cultures are First Nations, British European, Japanese, and Chinese. GovernmentThe model of government in Richmond consists the Mayor and eight Councillors elected at large. The major awards won by city are Nations in Bloom 1999; Communities in Bloom, Canada - 1998; National; and Environment Award for Terra Nova Rural Park, 2008. Richmond’s twinning cities are Wakayama, Japan and Pierrefont, Quebec, Canada. GeographyRichmond’s land area is … (0 comments)
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