Is the Cowichan land title ruling affecting property appraisals? – BC


Another potential issue is emerging from the controversial Cowichan land title ruling regarding properties in parts of Richmond.

Some B.C. appraisers tell Global News that they are getting a lot of questions about the Cowichan ruling and because of that, they are starting to make it more visible in their appraisals of properties in the affected areas.

“We assume as appraisers that the properties are free and clear and unencumbered, so a free and clear and unencumbered title means that is the basis of the appraiser’s report, so really what the appraisers are doing is just taking that clause, highlighting it, and bringing it forward in the appraisal so that it’s easier to see and highlighting it for the reader to see it,” Leigh Walker, with Lawrenson Walker Real Estate Appraisers, said.

He added that they are putting on their assessments a variation of: “We assume the subject property is not subject to a land claim and they are valued as if unencumbered.”

Story continues below advertisement


Click to play video: 'Ontario company cites Cowichan ruling for pulling out of hotel sale'


Ontario company cites Cowichan ruling for pulling out of hotel sale


The federal and provincial governments are appealing the B.C. Supreme Court’s ruling in favour of the Quw’utsun Nation, or Cowichan Nation, that found it had “established Aboriginal title” to more than 5.7 square kilometres of land on the Fraser River in Richmond, south of Vancouver.


Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.

Get daily National news

Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories.

The City of Richmond has also joined the appeal.

The ruling declared Crown and city titles on the land are “defective and invalid,” and the granting of private titles on it by the government unjustifiably infringed on the Cowichan title.

That has created confusion and anger among homeowners in the affected area, despite the Cowichan Tribes insisting it has no intention of stripping private title holders of their property.

It appears that not a single property has sold in the affected area this year.

Story continues below advertisement

“We get questions from buyers saying, ‘Where should I buy or where should I not buy,’ and trying to determine that is impossible, where the next land claim might pop up or which areas might be impacted,” Steve Saretsky, a realtor with Oakwyn Realty, said.

&copy 2026 Global News, a division of Corus Entertainment Inc.



Source link

  • Related Posts

    Has ‘tip creep’ gone too far? Here’s what Canadians think

    Tips were traditionally meant to reward good service. But prompts for a tip now seem to be everywhere, even when no service is provided. Source link

    Chris Selley: Let’s livestream the Canadian justice system — all of it

    Ontario Premier Doug Ford is in Big Ideas Mode again, and not all of them have to do with his becoming de-facto mayor of Toronto. For one thing, he wants…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Jos Buttler ‘still has England ambitions’ despite T20 World Cup slump

    Jos Buttler ‘still has England ambitions’ despite T20 World Cup slump

    Pritzker’s Gamble to Become a Kingmaker in Illinois Pays Off

    Tencent Says It Faces Fewer US Regulatory Risks Than TikTok

    Has ‘tip creep’ gone too far? Here’s what Canadians think

    Has ‘tip creep’ gone too far? Here’s what Canadians think

    Rebuffed by allies, Trump now says U.S. doesn’t need help defending the Strait of Hormuz

    Rebuffed by allies, Trump now says U.S. doesn’t need help defending the Strait of Hormuz

    We asked experts about the most responsible ways to use AI tools – here’s what they said | AI (artificial intelligence)

    We asked experts about the most responsible ways to use AI tools – here’s what they said | AI (artificial intelligence)