Property Condition Disclosure Statement #179

Legally Speaking

By Gerry NeelyB.A., LL.B. The decision of the British Columbia Real Estate Association to provide a Property Condition Disclosure Statement to be completed voluntarily by owners should be welcomed by licensees. It is a constructive approach toward reducing law suits against licensees and minimizing liability based upon allegations of misrepresentations made by licensees in real

Parking Not Limited Common Property #180

Legally Speaking

By Gerry NeelyB.A., LL.B. A sales brochure for a condominium project which consisted of 55 strata lots and 69 parking stalls, stated that each unit was entitled to one parking stall and that an additional stall, if available, would be rented by the strata council to an owner. The purchasers of one unit made it

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