A “CU” is what is named a Certificate of Use in actual property investing. From gross sales and leases, retail and commercial, to mortgage, new improvement advertising, property management and title insurance, now we have specialists in every subject to information you skillfully from starting to the tip of your actual estate journey.
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On the Island, solely the Victoria and Nanaimo areas fall under the province’s planned speculation tax, which applies to properties not occupied by the owner as a major residence for greater than six months a year or aren’t occupied by a tenant when the owner shouldn’t be there.
Coldwell BankerÂ® agents and brokers are knowledgeable concerning the native real estate market, and able to help with your real property search. Regardless, the danger of this model makes it doubly vital for market gatekeepers (e.g. lawyers, brokers, and exchanges) to do their jobs and ensure securities they assist sell are reasonable and compliant.