Thinking of Buying 'Waterfront Property' in Kelowna? What you must know. . . .
By Jaime Briggs, Kelowna Real Estate
April 14th, 2011
A big thanks to Peter Borszcz, of Pihl & Associates for hosting an exclusive info session for a few of us Realtors on the sale of waterfront property. Living here in the Okanagan, and Kelowna, our Lake is a huge selling feature and so many people really aren't aware of the rules and guidelines of "who owns what" when it comes to our Lake.
This session was a great refresher and the fact that "there is no such thing as a private beach here in Kelowna" and that you are not allowed to prevent any public access. All waterfront property lines here, only run to the foreshore (potential high water mark).
Also, dock licenses are required for ALL docks and they do not run with the land (they are not automatically transferred with title transfer to new owners). Dock licenses must be addressed separately in an offer to purchase and assigned to the new owner.
All important reasons why a professional full-time Realtor should always assist with your real estate needs.
Read more about Peter's article here. http://bcrealestatelaw.blogspot.com/2011/04/sales-of-waterfront-property.html