Surrey BC Transfer TaxI am considering purchasing a residential property in Surrey, BC, and have several concerns regarding the legal aspects of this process. Firstly, I'm interested in understanding the specific local regulations and zoning laws that might affect my use of the property. Additionally, I have questions about the property disclosure statement provided by the seller, particularly in relation to any known issues with the property or past renovations that might not comply with local building codes.
Furthermore, I am curious about the legal implications of the current tenancy situation on the property, as it is occupied by renters. What are my rights and responsibilities as a potential new landlord, and how might this impact the purchase process?
I would also appreciate advice on the legal steps involved in the real estate transaction in British Columbia, including any specific considerations I should be aware of as a buyer in Surrey. Lastly, I would like to understand more about property transfer tax, its calculation, and any potential exemptions or credits that I might be eligible for.