Barry Magee : One Percent Realty Ltd.

Phone : 604.773.2948 | barry@barrymagee.com

RSS

Can I Stop My Property From Being Torn Down After The Sale?

Can I Stop My Property From Being Torn Down After The Sale?

It’s understandable to want to preserve the character of a home that holds sentimental value, especially when you’re moving away and can’t be there to witness its fate. However, protecting your home from being torn down after sale is quite complex. Here are some insights and strategies you might consider:

1. Restrictive Covenants and Easements

  • Restrictive Covenants: These can place limitations on how a property can be used or developed. However, they usually require the owner of the land to have a dominant tenement over an adjacent property to impose such restrictions. Without this, it’s difficult to enforce a restrictive covenant.

  • Easements: Easements generally grant rights to use a property in specific ways but often require a dominant and servient tenement arrangement. Like covenants, these are challenging to implement without owning adjacent land.

2. Sale Agreement Clauses

  • Non-Binding Clauses: You might be able to include a clause in the sale agreement requesting that the new owner preserve the home or limit modifications. However, unless this clause is legally binding through a registered covenant or easement, it might not be enforceable. Buyers could see it as a negotiating point rather than a firm condition.

3. Engage with Potential Buyers

  • Communicate Preferences: Share your desire to preserve the home’s character with potential buyers. Some buyers may respect this sentiment and agree to honor your request. This approach relies on finding a buyer who shares or is sympathetic to your values, but it doesn't provide legal protection.

4. Consult a Lawyer

  • Legal Advice: A real estate lawyer can provide guidance on any possible legal mechanisms that might apply to your situation, including whether a covenant or easement could be practically and legally implemented.

5. Explore Local Preservation Options

  • Heritage Designation: In some cases, properties with historical or architectural significance can be designated as heritage sites, which can protect them from demolition. Check with local heritage organizations or municipal authorities to see if this is a feasible option for your home.

6. Alternative Solutions

  • Public Campaign: While not a guarantee, raising awareness through local community groups or social media might generate support for preserving the home, especially if it has historical or cultural significance to the community.

Conclusion

Unfortunately, there are significant challenges in legally preventing a home from being torn down once sold, especially if you do not own adjacent property. Your best bet is to explore options like communicating your preferences to buyers, seeking legal advice, and possibly exploring heritage protection if applicable. Balancing your emotional attachment with practical considerations will help guide your decision-making process.

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.