New Listing coming soon. Stay tuned for the Cinematic Film featuring Architect Fook Weng Chan!
For more information contact Carmen at 604-218-4846 or email at carmen@carmenleal.ca
Wednesday, 29 April 2015
Friday, 17 April 2015
Open-Houses-Vancouver-Real-Estate-Carmen-Leal-604.218.4846
| |||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||
|
Sunday, 12 April 2015
March-2015-Market-Recap-Vancouver-Real-Estate-604-218-4846
Looking to sell or buy and want the latest info on your area.
Please don't hesitate to give me a call!
Please don't hesitate to give me a call!
Carmen Leal - Vancouver Real Estate 604.218.4846
Saturday, 4 April 2015
Depreciation Reports: IMPORTANT NEW REQUIREMENTS FOR STRATAS
What is a strata depreciation report?
It's a report that estimates the repair and replacement costs for major items in the strata corporation and the expected life of those items.
Thanks to the advocacy efforts of the Real Estate Board of Greater Vancouver, the BC Real Estate Association and many strata associations, the BC Real Estate Association and many strata associations, the BC government passed regulations to the Strata Property Act in late 2011, which made strata depreciation reports mandatory in some cases.
Depreciation reports required
Strata corporations with five or more units were required to complete a depreciation report by Dec 13, 2013 and must update their depreciation report every three years.
Depreciation reports not required
Strata corporations of four or fewer strata lots are not required to provide a depreciation report. What does a strata depreciation report include?
* An on-site inspection and inventory of the common property and building systems.
*A schedule of anticipated maintenance, repairs and replacement costs for common expenses projected over 30 years.
* A financial forecast that includes costs and cash-flow funding models for the contigency reserve fund.
How can a strata be exempt?
A strata corporation can exempt itself from the obligation to obtain a depreciation report by passing a resolution with a three-quarters majority vote at an annual general or special general meeting.
The strata corporation then has 18 months from their last exemption vote to either hold another vote or create a depreciation report.
Who prepares a depreciation report?
Someone who has the knowledge and expertise to understand the individual components, scope, and complexity of the strata's property. Often, professionals such as engineers, architects, or appraisers have this expertise. In all cases, the professionals should have errors and omissions insurance.
For more information contact Carmen Leal Real Estate at 604-218-4846 or email carmen@carmenleal.ca
YOURS,

Carmen Leal
Real Estate Services
604.218.4846
Wednesday, 25 March 2015
New-Listing-601-1108-Nicola-Street
New Listing!
For further details click on the link below.
http://carmenleal.ca/mylistings.html/details-46816763
For further details click on the link below.
http://carmenleal.ca/mylistings.html/details-46816763
Yours,
CARMEN LEAL
Real Estate Specialist
www.CarmenLeal.ca
604.218.4846
THE HIGHEST COMPLIMENT I CAN RECEIVE IS THE REFERRAL OF YOUR FRIEND, FAMILY, OR BUSINESS ASSOCIATE. THANK YOU KINDLY IN ADVANCE!
Friday, 20 March 2015
Open House: 4552 Highland Bv, North Vancouver BC
4552 Highland Bv, North Vancouver BC
Sunday, March 22 from 2:30pm to 4:00pm
http://carmenleal.ca/mylistings.html/details-46690714
For further details contact Carmen at 604.218.4846
Sunday, March 22 from 2:30pm to 4:00pm
http://carmenleal.ca/mylistings.html/details-46690714
For further details contact Carmen at 604.218.4846
Any thoughts of selling or interested in knowing the value of your home? Feel free to contact me at 604.218.4846 or simply click on http://carmenleal.ca/home-evaluation.html. Call me today so I can provide you with a free home evaluation. Also, ask me about my marketing package and strategy!
Monday, 16 March 2015
Vancouver-ranked-most-liveable-city-in-North-America-for-2015
The 2015 Quality of Living survey ranks Vancouver as the best city in North America for quality of life… again!
Vancouver renewed its title of fifth most liveable city in the world and first in North America, beaten only by Vienna, Zurich, Auckland and Munich. 2014’s survey, conducted by Mercer, returned the same results.
The survey looks at several factors such as personal freedom, crime, political stability and air quality, and Vancouver’s milder climate is one of the main reasons for it having a higher ranking in North America.
The survey also looks at housing but not for the cost. If that were to be taken into account, Vancouver would most certainly dip a few spots in the ranking as would many cities. Almost every city on this list also ranks as one of the most expensive to live in.
While cities in Western Europe held a majority of the rankings, there were more Canadian cities in the top 35 than those in the U.S. Behind Vancouver was Toronto (15), Ottawa (18), Montreal (24) and Calgary (33).
Top 35 cities for quality of living:
- Vienna, Austria
- Zurich, Switzerland
- Auckland, New Zealand
- Munich, Germany
- Vancouver, Canada
- Dusseldorf, Germany
- Frankfurt, Germany
- Geneva, Switzerland
- Copenhagen, Denmark
- Sydney, Australia
- Amsterdam, Netherlands
- Wellington, New Zealand
- Bern, Switzerland
- Berlin, Germany
- Toronto, Canada
- Hamburg, Germany
- Melbourne, Australia
- Ottawa, Canada
- Luxembourg, Luxembourg
- Stockholm, Sweden
- Stuttgart, Germany
- Brussels, Belgium
- Perth, Australia
- Montreal, Canada
- Nurnberg, Germany
- Singapore, Singapore
- Adelaide, Australia
- Paris, France
- San Francisco, U.S.A.
- Canberra, Australia
- Helsinki, Finland
- Oslo, Norway
- Calgary, Canada
- Boston, U.S.A
- Dublin, Ireland
For more information on Real Estate in Vancouver contact Carmen Leal at 604-218-4846 or simply visit www.carmenleal.ca
Subscribe to:
Comments (Atom)