Real Estate Development Challenge – Day 4
January 31, 2013
Yesterday’s question:
Condominium lots (strata title) can be sold on privately held leased lands.
False. You can only sell condos on leased land if the land is owned by a public authority, First Nation or university.
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Today’s question:
A Real Estate Developer in British Columbia must be licensed by the Urban Land Institute?
True or False?
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Answer tomorrow morning.
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Get the answers from the experts: Herb Auerbach and Michael Mortensen will be teaching Real Estate Development from the Inside Out on Mondays from Feb 16 to Mar 19. More here from the SFU City Program.
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False. I believe the ULI is a society, not any kind of regulatory body.