Principal Residence Exemptions #42

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A. LL.B. In the first case, the question was whether or not the sale of 9.3 acres made by the taxpayers under threat of expropriation by a municipality, leaving 7/10ths of an acre upon which the taxpayers’ house was situated, was exempt from taxation as falling within the principal residence exemption. Fourteen years

Unregistered Charges, Wood Stoves and Other Matters #41

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry NeelyB.A. LL.B. From time to time individual licensees or boards write to BCREA to advise them of problems arising in their area which may be of interest to other licensees throughout the Province. In that category, Vancouver Island Real Estate Board has raised the problems relating to wood stoves in homes which are