What is Vancouver Land Assembly?

Longer time frame – Land assembly listings, transactions and closings typically take considerably longer than individual sales. This allows time to find the right buyer, for various conditions to be met and plans to be developed. The key dates will be clearly stated in related contracts, and it’s important to understand those dates and what they mean, and that you’re willing to abide by them over time. Contracts can’t be undone easily, and often not at all.

Market risk – Real estate markets and property values will continue to go up and down after you sign a contract. Like many high-yield financial transactions, higher reward brings higher risk. It’s important you consider this before entering into an agreement and are prepared to “ride out” the market cycles and adhere to the dates in your contract.

Financial advice – It is important to fully understanding the financial implications—both benefits and risks—of your specific situation, including short-term financial implications and future investments.

Shared and equal commitment – Land assembly transactions require participation and commitment of all parties. Property owners in a shared land assembly listing are essentially shareholders or partners in a transaction. Each most be fully and equally committed for a successful experience and conclusion. If one “partner” decides to try to renege on the agreement, it will have implications for all the other parties.