Court untangles 'bizarre mess' that allowed Vancouver duplex owner to pay off mortgage after foreclosure, sale
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A B.C. Supreme Court judge has ruled on a case she describes as a "bizarre mess" in a decision issued earlier this week.
A B.C. Supreme Court judge has ruled on a case she describes as a "bizarre mess" in a decision issued earlier this week.
At issue before Justice Carla L. Forth was the question of who is the rightful owner of a duplex on East 41st Avenue in Vancouver, which is the subject of three separate and – in some ways – competing foreclosure proceedings.
The property in question was built in 2015, according to BC Assessment. It is a two-storey duplex with a total of four bedrooms and four bathrooms across the two units.
Its value as of July 1, 2023, is listed as $2,567,000.
The original owner of the property is 1022724 B.C. Ltd., a numbered company directed by Rajvir Singh Parmar.
The company – referred to throughout Forth's decision as "1022" – remains the registered owner of the property, but the decision makes clear that the property should have been transferred to a different owner back in 2021.
At that time, the decision indicates, the court granted a "vesting order," which stipulated that the property would be sold to Madan Joshi for $2,238,000.
