To resolve one of the challenges that booming Kelowna faces - the need for more housing - the City of Kelowna has been interested in bringing new housing concepts to Kelowna’s core downtown neighborhoods. One such concept is the new urban residential zoning, or RU7 zoning. RU7 zoning offers an opportunity for increased density in…
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What is a Committee? A Committee (pronounced Caw-mi-tee) is a person, trust company, or the Public Guardian and Trustee (“PGT”) who is appointed by the Supreme Court of BC to act as a Guardian and to make decisions for an adult who cannot manage themselves or their finances. You or a family member may need…
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As you may know, the buyer of an interest in real estate in BC must pay property transfer tax on the closing date of the purchase totaling 1% of the first $200,000.00, and 2% on the remainder of the fair market value of the property purchased (up to $2,000,000.00). Property transfer tax is payable at…
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