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Sunday, 29 January 2012

Age: Can You Own Property at 18?

No, in British Columbia, you cannot own property at 18. You have to be 19 (a legal adult) to own property.

Yes, in Ontario, you can.

The Age of Majority in Canada is the age at which a person is considered by law to be an adult.

The Age of Majority in Canada is determined by each Province and Territory.
For examples, in Alberta and Ontario, the age is 18; in Northwest Territories and British Columbia, it is 19.

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I am a realtor specializing in the residential properties in the Greater Vancouver, British Columbia. I have been awarded with 15 years top achievement Medallion Award by the Greater Vancouver Real Estate Board.