Homeowners in designated southern Alberta floodways can apply for relocation compensation until Aug. 30, said a release today from the Alberta Government.

Processed through the Disaster Recovery Program, Albertans who choose to move out of floodway areas have the option to sell their property to the government. Homeowners who take part will recieve 100 per cent of their 2013 municipal property tax assessed value.… Read More

Flood relocation deadline approaching is a post from: CREBNow

Government report could change rules forcing disclosure of grow-op properties in Alberta

Alberta homebuyers could soon have more protection in place to ensure they don’t buy former grow-ops without their knowledge.

Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.

Counted among the 37 suggestions contained in the report is a requirement that potential buyers be informed if a house was ever used as a grow-op.… Read More

Growing concerns is a post from: CREBNow

Bill 13 to enhance protection for owners, improve condo communities

Alberta condo owners can expect easier access to information and quicker dispute resolutions thanks to new amendments to the province’s condo property act.

Improved disclosure and governance were among the amendments tabled after the Alberta Government introduced Bill 13: The Condominium Property Act.

“Buying a condo is an affordable option for Albertans entering the housing market and is often their first real estate experience,” said Doug Griffiths, minister of Service Alberta.… Read More

Province introduces new condo act is a post from: CREBNow