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Introduction

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Since the early part of 2000, recreational property sales across Canada have increased, and trends are showing that this will continue for some time. Major influences that have given rise to increased sales in recreational property include interest rates at a 40-year low and increased consumer confidence and job security. These factors have led to increased demand for recreational property, particularly near greater metropolitan areas.

First-time recreational-home purchasers should do their homework carefully. Compared to purchasing property in the city or suburbs, there are many more factors to consider when purchasing recreational property. These factors vary and are often unique to specific regions, provinces, and municipalities. Buyers need to educate themselves about bylaws unique to each municipality, as well as provincial and federal regulations that pertain to fisheries, oceans, wildlife, forests, and the environment. Environmental considerations with regard to real estate typically fall under a provincial department of the environment or a ministry of natural resources. Should you wish to alter or make additions to your recreational property near or on water, there could also be federal laws that affect and restrict your intended use of the property.

This book provides basic information for buyers and sellers of recreational homes, in the hope that your recreational-home purchase or sale will be a satisfying and rewarding experience.

Buy & Sell Recreational Property in Canada

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