Tag Archives: Shadow flipping

Shadow Flipping in Vancouver – BC

Shadow Flipping in Vancouver – BC

 
Shadow flipping in Vancouver – BC has become headline news across Canadian media. The problem with shadow flipping is number one the original home owner who has no idea. The second major issue is invasion of taxes.
 
In Vancouver real estate transactions, a contract provision called an assignment clause is included in the transaction for the benefit of the buyer. This provision allows a buyer to resell or transfer property to another buyer before the deal’s closing date.