strata dissolution experts

Strata Dissolution and Land Development

Click here for Development Opportunities

What is Strata Dissolution?

  1. Given rising property values and increased densification, there is no doubt that strata properties will continue to be a significant part of The Greater Vancouver Real Estate market. The issue currently facing many strata properties is their age and rising maintenance and repair costs. In many cases, strata owners need to question if they should continue paying ongoing maintenance and replacements costs or alternatively sell the property to a development company.

  2. This is where our team specializes. Skilled at comparative market analysis and the analysis of ever changing economic conditions provides us with the unique insight to advise landowners of the true potential of their real estate assets by means of the highest and best use of their land. Should the decision be made to de-stratify we can act on behalf of your strata.

  3. Boasting decades of experience in the real estate industry with deep roots in the Tri-City area, our Team excels in navigating the complicated terrain of strata dissolution and investment acquisition.

BC’s First-ever Strata Wind-up Under New Law

Bill 40 lowers the required threshold to 80% from 100% for strata corporation members to vote to dissolve their entity and sell their buildings.

As of July 2016, unanimous owner agreement is no longer required to wind-up a strata corporation in BC. Owners of a Vancouver condo became the first in BC to dissolve their strata corporation without 100% owner support. It is estimated that many strata corporations across Metro Vancouver will follow suit and are investigating selling their complexes to developers.

Summary of the Strata Wind-up Process

This is a very short summary of the strata wind-up process, we will go through the process in details once we meet. Let our years of industry knowledge and experience work to your benefit. Please call us with any questions you may have.

top

Commonly Asked Questions

In the first meeting you are giving us permission to market your complex only, the actual vote to sell won’t happen until a later date.

Meet Your Team

Shawn Shakibaei - Realtor

Shawn Shakibaei
604-724-9630
ShawnShakibaei@gmail.com

Shawn Joined Century 21 Alachua County in 2000. While practicing Real Estate in Florida, Shawn obtained his Bachelor of Computer Science degree from the University of Florida.

Shawn believes that knowledge is the power that any individual requires to succeed in every aspect of life. He has been able to use his extensive computer skills in marketing and communicating intelligently with investors locally and abroad.

He has focused his activities on investment and development properties with particular emphasis on multifamily and residential in and around Greater Vancouver since joining Sutton Realty in 2006. In addition to working with developers and investors, Shawn is the major share holder of GMG ACQUISITIONS Ltd.

Shawn is a long time member of the Advisory Group for Port Moody, Port Coquitlam, Coquitlam, Burnaby and New Westminster of the Real Estate Board of Greater Vancouver.

John Panrucker - Realtor

John Panrucker
604-230-7390
Jp.Panrucker@gmail.com

John Joined Sutton Group 1st West Realty in 1992. John comes with an extensive marketing and development background from BC Tel managing the Phone Mart Operation for Greater Vancouver.

His experience in negotiating on behalf of BC Tel has provided much needed expertise in negotiating in Real Estate transactions with developers and investors.

He has focused his activities on residential properties with particular emphasis on land development in and around Greater Vancouver.

John is a past divisional director for BNT of the Real Estate Board and a past member and director of Coquitlam Chamber of Commerce, and a present member of Rotary Club (Coquitlam Sunrise).

top

Sutton Medallion MemberMedallion Member
Recipient of the Sutton Diamond & Platinum Awards

*The Real Estate Board recognizes the accomplishments of the top producers each year through the Medallion Club. These achievers are in the top 10 percent of the industry and excel in combined MLS listings, sales and dollar volume.

Sutton Group 1st West Realty
118-3030 Lincoln Ave
Coquitlam, BC V3B 6B4
Design byArtistic Web Diva DesignsCopyright © 2017