When a Developer on a New Pre-sale Home cannot Close and allow Possession
Posted on Oct 22, 2024
When a developer on a new pre-sale home cannot close and take possession by the contracted date, they may need to push the possession date forward, which can create several implications for buyers. This situation is not uncommon in pre-sale developments due to factors such as construction delays, supply chain issues, labor shortages, or even weathe...
When a Developer Cancels a Pre-sale Contract
Posted on Oct 22, 2024
When a developer cancels pre-sales due to zoning complications, buyers face several potential risks, both financial and logistical. These risks can vary depending on the contract terms, the developer’s handling of the cancellation, and the buyer’s individual situation. Here are some of the key risks:
1. Loss of Deposit
In most pre-sale agreements, bu...How to Obtain Rezoning for Developers: From Residential to Multi-Family Zoning
Posted on Oct 22, 2024
For developers looking to transform a single-family residential property into a multi-family development, rezoning is an essential first step. This process can seem complex, involving multiple stages, city approvals, and extensive paperwork. Here’s a step-by-step guide to obtaining rezoning, focusing on the key elements involved, from city interact...
Earthquake Preparedness for Victoria Residents
Posted on Oct 21, 2024
Living on the West Coast of North America, particularly in Victoria, BC, means we are no strangers to the talk of “The Big One.” This refers to the potential for a massive earthquake that could strike the region along the Cascadia Subduction Zone, an area off the Pacific coast where tectonic plates are constantly shifting. While earthquakes are imp...
How to Save on Your Utility Bills: A Guide for Victoria, BC Residents
Posted on Oct 21, 2024
Utility bills are a significant part of household expenses, especially in a place like Victoria, BC, where the weather can range from mild and damp winters to warm, sunny summers. Fortunately, there are plenty of ways you can reduce your energy, water, and heating costs without sacrificing comfort. Here are some practical tips for Victoria resident...
The Best Materials for Building a Deck
Posted on Oct 21, 2024
Building a deck is a fantastic way to enhance your outdoor living space, but choosing the right materials is essential for creating a durable, beautiful, and low-maintenance deck. Whether you're looking for something cost-effective, eco-friendly, or luxurious, the material you choose will impact the deck's longevity, appearance, and overall mainten...