The troubled Murrayville House condo project in Langley Township is now under receivership. Dan Ferguson Langley Times

The troubled Murrayville House condo project in Langley Township is now under receivership. Dan Ferguson Langley Times

Consumer alert issued about Langley condominium project

Get a lawyer, Office of the Superintendent of Real Estate advises buyers of units in the Murrayville House project

Following a court order placing the troubled Murrayville House condominium project in Langley Township under receivership, the provincial Superintendent of Real Estate regulatory agency has issued a “consumer alert” telling buyers of units in the 92-unit project to get professional advice from a lawyer and also a real estate broker as well as contact the superintendent’s office.

“Purchasers at Murrayville House should contact a lawyer to fully understand their legal rights and remedies with respect to their purchase agreements, claims by other purchasers, claims by lenders and other creditors, the treatment of deposit monies, the Real Estate Development Marketing Act, and any other relevant legal matters,” the notice, posted online, said.

“Purchasers should also consult any licensed real estate broker assisting with the purchase.”

Buyers “who have not already contacted the Office of the Superintendent of Real Estate are invited to do so,” the statement added.

On Oct. 4, a B.C. Supreme Court ruling put the Bowra Group Inc. in charge of the troubled Murrayville House condo complex, which has sat empty for more than a year, with many purchasers scrambling to find temporary accommodations while creditors complained the company that owns it owes millions of dollars that it has failed to pay.

Foreclosure action has been taken by the lenders of Murrayville House, and there are liens against the property for unpaid trades.

Court documents filed with the B.C. Supreme Court registry in New Westminster allege debts in excess of $16 million.

Lawyer Grant Sutherland, of Sutherland & Company, who is representing Murrayville House builder Newmark Life owned by Mark Chandler, said the company is unable to transfer units to buyers because of the court actions.

“The Murrayville House had cost over-runs. The Chandler Company has not been able to pay its lenders,” Sutherland told The Times.

“A civic claim has been filed against the Chandler Company and the Superintendent has issued an emergency order that prevents us from completing the sales.”

Appointed under the Real Estate Development Marketing Act (REDMA), the Bowra Group Inc., a Vancouver accounting firm with expertise in insolvency and restructuring, “is now responsible for any marketing of Murrayville House in compliance with the terms of its appointment by the court” the consumer alert issued by the superintendent’s office, said.

Bowra has been named the receiver and manager “of the assets, undertakings and properties” of principal owner Mark Chandler, of Newmark, doing business as 0981478 B.C. Ltd.

A statement posyed online by Bowra said the strata lots were “to be sold to repay the indebtedness owed to various creditors of 0981478 B.C. Ltd.”

Documents filed with the B.C. Supreme Court registry in New Westminster show as of mid-September, 90 of the 92 units had been purchased.

Bowra said it was currently gathering information with respect to presale contracts.

“We understand that many presale purchasers want to complete the sale of their units and move in,” the statement said.

“Unfortunately, we cannot complete any sale of the units without obtaining Home Warranty Insurance coverage, complying with the Superintendent of Real Estate issued Order, issuing new Disclosure Statement and obtaining Court approval of all contracts.”

It asks buyers email copies of their sales contracts, including proof of deposit payment, to info@bowragroup.com “as we may not receive copies of this information from the developer.”

READ MORE: Developer of troubled Murrayville House condo complex responds to disgruntled buyers

Newlyweds Tim and Stephanie Lamb are among the buyers left in the lurch.

They originally bought their condo in March 2016.

“It’s been a lot of stress,” Stephanie said. “It’s just put our life on hold a little bit.”

Prior to the receivership order, the Superintendent of Real Estate issued a cease-marketing order to the owners.

The order was made on an urgent basis by Superintendent of Real Estate Micheal Noseworthy after determining that the developer was non-compliant with REDMA, and that it was in the public interest to make the order urgently without a hearing.

Conditions in the order included requiring Newmark to file a new disclosure statement for all units that includes all material facts “without any misrepresentation” and placing all deposit funds in a trust account held by a trustee.

An online profile of Newmark president Mark Chandler describes the company as “a full-service real estate development and construction company with over three decades of experience in building homes of distinction, from mid-rise boutique dwellings to high-rise concrete towers, as well as commercial, recreational and retail properties throughout British Columbia, California and Arizona.”

Newmark Properties still has an active website, which lists Murrayville House as ‘sold out.’ The Newmark website also shows two other developments in the Willoughby area as ‘coming soon.’

These are the Willow, offering 138 three-bedroom townhouses and Grace, offering 100 one- and two-bedroom condos.

Ramin Seifi, manager of engineering and community development for the Township, said one of those developments has been sold to another developer and that the project has just been submitted to the municipality.

Seifi said no other projects have been submitted by Newmark to the Township aside from the Murrayville House.

with files from Monique Tamminga and Miranda Gathercole



dan.ferguson@langleytimes.com

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Rents range from $1,000 for a studio apartment up to almost $2,000 for a family townhouse at Emmaus Place, built as affordable housing. (Langley Advance Times files)
Rents out of reach at Langley affordable housing project, say would-be tenants

Rents for a studio apartment start at $1,000 a month

Belmont school in Langley reported one person tested positive for COVID-19 (Undated Google Maps image)
COVID-19 cases reported at Belmont Elementary and DW Poppy schools in Langley

Fraser Health says in both cases the affected individuals are self-isolating at home

Tamara Jansen in the House of Commons. (CPAC)
Jansen says Liberals dropped the ball on vaccines

The MP launched the attack during question period

The family owned and operated Twilight Drive-In, located in Aldergrove, has been in operation since 2005. (Aldergrove Star files)
COVID restrictions curtain Twilight Drive-In for two weeks

Owner Jay Daulat is hopeful the Aldergrove business can re-open after Dec. 7

Chief Robert Gladstone of Shxwha:y Village at a federal flood funding announcement April 24, 2019. (Jenna Hauck/Chilliwack Progress file)
Consortium of Indigenous chiefs seeking a way to participate in cannabis economy

All Nations Chiefs from the Shxwha:y, Cheam, Soowahlie and Sq’ewlets holding online forum Dec. 2

Mary Cox and Jack Plant dance in their pyjamas and slippers at the morning pyjama dance during the Rhythm Reelers’ 25 Annual Rally in the Valley Square Dance Festival in Chilliwack on June 4, 2011. Sunday, Nov. 29, 2020 is Square Dancing Day. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of Nov. 29 to Dec. 5

Square Dancing Day, Disability Day and International Ninja Day are all coming up this week

Black Press Media and BraveFace have come together to support children facing life-threatening conditions. Net proceeds from these washable, reusable, three-layer masks go to Make-A-Wish Foundation BC & Yukon.
Put on a BraveFace: Help make children’s wishes come true

Black Press Media, BraveFace host mask fundraiser for Make-A-Wish Foundation

114 Canadians were appointed Nov. 27 to the Order of Canada. (Governor General of Canada photo)
Indigenous actor, author, elder, leaders appointed to Order of Canada

Outstanding achievement, community dedication and service recognized

Screenshot of Pastor James Butler giving a sermon at Free Grace Baptist Church in Chilliwack on Nov. 22, 2020. The church has decided to continue in-person services despite a public health order banning worship services that was issued on Nov. 19, 2020. (YouTube)
2 Lower Mainland churches continue in-person services despite public health orders

Pastors say faith groups are unfairly targeted and that charter rights protect their decisions

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

A big job: Former forests minister Doug Donaldson stands before a 500-year-old Douglas fir in Saanich to announce preservation of some of B.C.’s oldest trees, July 2019. (B.C. government)
B.C. returning to ‘stand-alone’ forests, rural development ministry

Horgan says Gordon Campbell’s super-ministry doesn’t work

Peter Wilson, left, and Micah Rankin, right, formed the Special Prosecutor team that was tasked with reviewing and litigating charges stemming from the Bountiful investigation. Trevor Crawley photo.
End of Bountiful prosecution wraps up decades of legal battles

Constitutional questions had to be settled before a polygamy prosecution could move forward

Despite rumours, Surrey RCMP say they are not issuing tickets to people if they are driving in a vehicle with others from a different household. (File photo)
COVID-19 tickets: No, RCMP aren’t checking vehicle occupancies, restaurant tables

Enforcement about education, not punishment says Surrey RCMP Cpl. Joanie Sidhu

Alexandre Bissonnette, who pleaded guilty to a mass shooting at a Quebec City mosque, arrives at the courthouse in Quebec City on February 21, 2017. THE CANADIAN PRESS/Mathieu Belanger - POOL
Court strikes down consecutive life sentences; mosque shooter has prison term cut

The decision was appealed by both the defence and the Crown

Most Read