Fee-Simple Interests – British Columbia
The Challenge
The project involves the Qayqayt Reserves, which relates to the creation of five reserves, also known as the Brownsville Reserves in what is present-day New Westminster and North Surrey. One of the key challenges is to ascertain the approximate location of the reserve lands, and to determine fee simple interest “as if vacant and un-subdivided”. Although there are original legal plans, over time, the lands have been subdivided and now fall under separate municipal jurisdictions. Additionally, a portion of these lands have been either expropriated or sold for transportation infrastructure. There has also been both site accretion and erosion that present challenges in determining the actual site area to be valued.
The result
Ongoing
Services
– Historical research
– Market valuation
– Planning and engineering & costing