DEFICIENCIES TURN UP
Property surveys
protect the buyer

MORE AND more
people are asking about
property surveys --
why do I need one? —
and when should | have
one done?

By JAMIE JOHNSTON

Contribunne Writer

Property surveys are
usually done for the benefit
of the buyer. The original
survey is usually curried out
with the construction of the
house or the building lot.

But over time, improve-
ments are made to the prop-
erty such as fences, pools,
garden sheds and so on. As
well, additions to the house

Over Ume, certain case-
ments, that is the right to
dceess the property, may be
edded by government
auhorities.

Au these chacees may
meun that the property has
been altered in such a way
that it may not conform to
new zoning requirements,

AN property survey is not a
title search. The tithe search
only provides proof that the
vendor or seller owns the
property and is in a legal
position to sell it.

The property survey actu-
aly deseribes the physical
make-up of the property that
is being transferred or sold.

If the property survey
shows certain deficiencies,
the buver can then ask the
seller to correct the problem

before completing the pur-
chase.

Thus the property survey
is in the best interest of the
purchaser, But not every
transaction requires one. It
depends in part on when the
most recent survey was
completed, and what physi-
cal changes have since been
made to the property.

Finally, who pays for the
survey if the buyer asks for
one?) Again this is an area
for negotiation between
buyer and seller — just ike
price. However it) usually
depends on the real estate
market.

If it is a buyer’s market
then the seller would proba-
bly be forced to pay. Ina
seller’s market, the reverse is
true.

49 - Friday, August 15

. 1986 - North Shore News

UNITED REALTY LTD.
JOHN WILCHUK

Office: 437-9431

Res: 986-8492

MORTGAGE GRINDER OR
THREE FAMILY LIVING ACCOMMODATION

if you dont see. you won't beheve at -— buts true Overs
2-odim immaculate cond.vian — never been tenanted Vendor

of $24,000 Verdor will consider trades Priced in the mid to
an appointment,

1— 4-bdrm 1 — 3-bdrm. & 1 —
2Ould guarantee 1 yr income Gross

hgh 3100's. Close tc all amemties Call for

106 sa tt. 3 tuily self contains

TWO LARGE VIEW LOTS
UPPER LYNN — READY OCT./86

BLUERIDGE SPECIAL

Aninmac ulately kept 4 tdrm family home. Ful-

ly finished with a large private lot, Cail for a private

may occur.
showing

Local realtors elected
to Real Estate council

of agents and = salesmen

elected to represent all areas
P Vancouver East. Immaculate 2 bdrm. presently

of the province. ‘
. used for Expo tounsts. LU . Vendor must
Elections were held at the sell oursts, Low $50's, Vendor mus

council’s July meeting in
Campbell River.

2 BDRM. APARTMENT
Lower Lonsdale location. Vendor must sel: Priced
in the low $50's COMMERCIAL
Bowen Island — grocery store pius 12 apt./motel
type units. Earn over $150,000 1 yr. after debt ser-
vice. Excetlent terms (GAC}. Hurry, as tnis wall not

last too long

Vancouver and Peter
Williamson and George
Whyte of North Vancouver
will serve on the 17-member
council.

The council is

THREE NORTH Shore re-
altors have been elected to
serve on the 1986-87 Real
Estate Council of 8.C.

2222 CAMBRIDGE ST.

Maurice Butler of West composed

ity Lid.

650 Westview Shopping Centre Ph. 985-) “21

MAGNIFICENT
Spacious 4 bedim 4 den. one owner home
located in prestigious upper Lonsdale Featur-
Ing breathtaking views tram the entertainment-
sized living and dining iooms. Enjoy the tamsiy
toom and full-sized games scom and huge
sundect includes 4 dathrms . & 3 FP’s, relax
by the pool at 4384 Starlight Way.
GLEN HOUGHTON 988-5131 (Off)
986-5031 (Res.)

PS oo

GREAT FAMILY HOME
Escenient Lynn Valley home ina veacetul sesung
4 bdrms . spacious «1 witm E/A, 2 baths, lovely
rec room. private decn Just great for nia3 near
schools $159.900
MOHAMED KARSAN 929-6922

ee SS
pNraNerA
PRICE 8-E-D-U-C-E-D

3 bdrm and fully fmshed basement couid be
used as inlaw Ssinte tO yrs ald Ore Gwe , ee
ne Pomcess Par’ schoots. bus -

Princess $162,900 YOU MAKE AN O°

1275 MATHERS AVE.
bome -— great iocation This property nas so much to offer
2290 Spacious and bright? ome wih a great city and water view situated on a
south-facing lot vith room for poGiete ete Cigue loscneals transportation
Ge area Vergo bea ang cout ang erty moteeated Cail HOW

Great family Dor’? miss seeing this

immacualté 32
utands
snopming in 4a cre ce Ambien,
Sg Tay
vbdrm St badn Sutenimrmaculate cond.ton ?
Drive by 2832 Eastern Ave

TOWNHOU ES

aiNr Cupdano Caiege Te

395. 9U0

oO Cbdim in Femberon eons Aserd:
W.-0-0-D-C-R-O-F-1

O. DGIMS . pressed trom Trt te

SHYAM HIRA 986-0654 o¢ 988. 6131

ELEGANT TOWNHOUSE
Tastetu! decor, 3 levels. 244 bdrms . spacious Kit
Surnern tang room, huge rec room. p. sate
Datic, mew HY Cane Hurey
MOH4MI'O KARSAN 929-6922

et.

LONSDALE QUAY ee

A. 1 berm top tioor on W. 2nd. 1362 E. 15TH ST. 1155 BROCKTON PLACE :
.wealaintanred Fr stom bulf 3 bdrm horre with famity

B. Three two bdrms. Priveu from 367.906 A‘l near Seabus A Core ars ee aah ‘ ;
SHYAM HIRA GS: 0654 or 988-6131 : ; * : : 8 ‘ : 1 Un

Dont anuss §

344 «199% Lonsdale Avenue.
° North Vancouver

The Canada Trust Company 938-6