The Province published an excellent Q&A article last week that I wanted to share. The Executive Director of the Condominium Homeowner's Association, Tony Gioventu, discussed rental bylaws and how they affect strata's rental restriction numbers. 

Here is the situation/question posed in the article dated April 24, 2011.

Q: Our strata has an interesting problem that relates to rental bylaws. We are 297 units in three buildings and we permit a maximum of 10 per cent rentals at any given time.

An owner wishes to rent their unit, but we currently have 35 rentals in the building.

The owner requested a hearing and demanded to know how we were keeping the rental inventory and of the 35 which were family rentals, hardship or exemptions from the original disclosure statement.

Our bylaw clearly states that all rentals shall be counted as part of the rental limitation, but the owner challenged...

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Turn off the lights when you leave the room. Close the front door to not let the heat out. Take shorter showers. We all know a few quick and easy ways to conserve energy in the home. This is a great article from Sutton.com and BC Hydro sharing 50 ways to save energy.

We lead busy lives and probably don't realize that repairing the cracks in our fireplace and turning off the oven just a few minutes earlier can really help conserve energy.

Do you have any energy saving tips to share?
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Recent power outages in North America are a reminder of how extensively we depend on electricity to function. Among other things, it provides light and heat, keeps our food cool and brings the world into our homes through our televisions and computers. As the demand for power has increased, so has the incidence of blackouts and price increases in some parts of the...

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I just finished uploading this Townhouse for sale, 23 100 KLAHANIE Drive, Port Moody, British Columbia

Overlook green space, not your neighbour! Quality upgrades include dark solid wood flooring (Acacia), upgraded floor tile, custom fireplace shelving with stunning cultured stone and designer paint scheme. 3 beds, 3 baths, stainless applianc es, granite counters and a huge double tandem garage with workbench, shelving and tonnes of storage. Access the famous Canoe club - 1500sf of amenities - outdoor pool, hot tub, tennis court , indoor steam room, sport court, gym, media room, games room, pool tables and 2 guests suites. Minutes to Rocky Point Park, Suterbrook, Newport Village, Westcoast Express and the future Evergreen Line. You may have seen these awesome townhomes, but you haven't seen one like this. Open Sun April 17th 2-4pm!

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We are proud to announce that this Apr 17th, 2:00 PM to 4:00 PM we will be hosting an Open House at 100 KLAHANIE Drive in Indigo at Klahanie in the Klahanie neighborhood, Port Moody. This is an opportunity to visit this excellent Townhouse for sale in beautiful Klahanie.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Klahanie Townhouse for sale.

As always please do not hesitate to give me a call at 604-626-6066 if I can answer any questions before the open house, or if you would like to book a private showing.

Julie Tidiman
Sutton - 1st West Realty

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Please note the change for this upcoming openhouse.

We are proud to announce that this Apr 16th, 2:00 PM to 4:00 PM we will be hosting an Open House at 308 MARINER Way in the Coquitlam East neighborhood, Coquitlam. This is an opportunity to visit this excellent House for sale in beautiful Coquitlam East.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Coquitlam East House for sale.

As always please do not hesitate to give me a call at 604-626-6066 if I can answer any questions before the open house, or if you would like to book a private showing.

Julie Tidiman
Sutton - 1st West Realty

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The Bank of Canada has released the following statement on Tuesday, April 12, 2011.

If you have any questions about what this means for your lending situations, please contact me and I would be happy to share more information!


FOR IMMEDIATE RELEASE
12 April 2011


Bank of Canada maintains overnight rate target at 1 per cent

OTTAWA –The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

As anticipated in the January Monetary Policy Report (MPR), the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace.  In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will limit the pace of the expansion.  European growth has...

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blogBlogs are a fabulous way to stay connected with what is happening in your community. In our neck of the woods we are lucky to have some great blogs devoted to sharing events, local businesses, history and other useful information about the communities that we live in. 

Here are some of my favourite local blogs in Metro Vancouver. Do you have a favourite blog in your neighbourhood?

Tri-Cities
http://www.thev3h.com

Fraser Valley (Surrey to Chiliwack)
http://www.fraservalleypulse.com

Vancouver
http://www.miss604.com

New Westminster
http://www.tenthtothefraser.com 
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March 2011 saw the Real Estate Board of Greater Vancouver reaching near-record sales & listings. With a hot start to the Spring season, I'm confident this is going to be a great year for both Tri-Cities buyers and sellers.

Below is the latest press release from REBGV. You can view the complete March statistics package here

Home buyers and sellers enter the housing market at near 

record pace in March 
 

VANCOUVER, B.C. – April 4, 2011 – Activity in the Greater Vancouver housing market continued to strengthen in March 

with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels. 

 The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and 

apartment properties in Greater Vancouver reached 4,080 in March...

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