tinaradio

Blog by Tina Mak

B.C. GOVERNMENT TAKES COMPANY’S PROPERTY

November 1st, 2009

Full version in Cantonese can be heard from my Podcast.

FACTS:

 

If a holding company is a vendor of a property & had not filed it’s annual reports for over two years, it technically considered “dissolved” by the Corporate Registry.

 

THE PROBLEM:

 

At the time of sale, listing agent should run a company search and if realized the company had been dissolved before the sale contract was s ...

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