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New City of Winnipeg bylaw will put added burden on Home Sellers
A new City of Winnipeg bylaw being considered will add a burden for home-sellers, and in the process add funds into city coffers.
This new bylaw, which is being promoted as "helpful to buyers", will make it mandatory for home sellers to provide a 'current' Surveyors Certificate at the time of the sale. The definition of "current" is likely to be "Within the past 5 years, so long as no substantial changes have been made to the property".
Bo explained that, or example, if you bought a house 3 years ago and had a Surveyors Certificate completed at that time, but then added an attached deck or other structure, your Certificate will likely be inadequate. This means that you would have to order a fresh one from the city, of course at your cost, which will be in the hundreds of dollars.
Although he City is promising a 5-day turn-around, this would not include any variance or other work that needs to be completed, depending on any problems or shortcomings discovered by the Surveyors Certificate.
Bo cautions home-sellers:
For more info, go to Bo's blog at http://bokauffmann.com/
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Award winning Real Estate Agent in Winnipeg. Works with home buyers in the search of their dream home, and excels as a "Listing Agent", with marketing plans which are second-to-none. Homes are featured in magazines, newspapers, internet and Television.