What Is A Party Wall Agreement Bc?
Introduction
Are you planning to renovate or extend your property in British Columbia? If yes, then you must have come across the term “Party Wall Agreement BC”. It is a legal document that is required if you share a wall or boundary with your neighbour and plan to undertake any construction work that could affect it. This blog will guide you through the basics of what a Party Wall Agreement is, its importance, and how to get one.
What is a Party Wall Agreement?
A Party Wall Agreement is a legal document signed between two or more property owners who share a common boundary. It is also known as a “neighbourhood agreement” or “party wall award”. The agreement outlines the rights and responsibilities of each owner with respect to the shared boundary or wall. It is a legal requirement in British Columbia under the Strata Property Act, and failing to obtain one can lead to disputes and legal action.
What Does a Party Wall Agreement Include?
A Party Wall Agreement typically includes:
- The details of the construction work to be undertaken
- The timeline for the construction work
- The responsibilities of each party
- The cost of the construction work
- The process for resolving disputes
Why is a Party Wall Agreement Important?
A Party Wall Agreement is important because it protects the rights of both parties involved. It ensures that the construction work does not damage the shared wall or boundary and that any disputes that arise are resolved in a fair and timely manner. Without a Party Wall Agreement, you risk facing legal action or costly repairs in case of any damage caused to the shared wall or boundary during construction work.
How to Get a Party Wall Agreement?
To get a Party Wall Agreement, you need to follow these steps:
- Notify your neighbour(s) in writing about your construction plans and the need for a Party Wall Agreement
- Hire a surveyor or architect to prepare the Party Wall Agreement
- Send the Party Wall Agreement to your neighbour(s) for review and signature
- Once signed, keep a copy of the Party Wall Agreement for your records
How Much Does a Party Wall Agreement Cost in BC?
The cost of a Party Wall Agreement in British Columbia depends on various factors such as the complexity of the construction work, the number of parties involved, and the location of the property. On average, the cost of a Party Wall Agreement can range from $500 to $1,500.
Conclusion
A Party Wall Agreement is a crucial document that protects the rights of property owners who share a common boundary or wall. It is a legal requirement in British Columbia and failing to obtain one can lead to disputes and legal action. The cost of a Party Wall Agreement may seem high, but it is a small price to pay compared to the potential costs of damage or legal action. If you are planning to undertake any construction work that could affect a shared wall or boundary, make sure to get a Party Wall Agreement to safeguard your interests.
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