Buying and Selling tenanted properties
As a potential buyer, you will very likely encounter properties that are currently tenanted. Whether you are a buying or selling tenanted property in Whistler, if the tenancy is long term (i.e. longer than a month at a time) you will be governed by the BC Residential Tenancy Act. The Act outlines the procedures to be taken to terminate a residential tenancy. For the latest information on the Act, please contact us or visit www.rto.gov.bc.ca
There are no particular restrictions to owning real estate in Canada. Mortgage financing must be arranged through a Canadian financial institution and you will need to hire a Canadian lawyer or notary public to complete the necessary mortgage documents and title registration. Non-residents are also subject to different tax rules so getting guidance from a Canadian accountant familiar with British Columbia real estate is essential. Don't worry, we can help you with those arrangements.
The process of buying real estate in Whistler is a straightforward one and as your agents we will be there to guide you through every step, after all, our job is to make your real estate purchase as stress-free and painless as we can.