153385L (1946-08-01)

Title ID	1528
Title Code	153385L
Date	1946-08-01
Transfer Date	1946-07-16
Generation (Custodian)	0
Generate (Non-custodian)	2
Polluted Chain	0
Corrections
Notes	Transfer includes agreement for sale that lists Jung Jan Ngo as Grantor (seller), and Billy Jang and Chang Gen Hee as partial buyers. Application for Registration of Fee Simple indicates that a new Tax certificate is being issued detailing ownership split of: Billy Jang = 6/10 interest. Jung Wing Gim =2/10 interest Chang Gen Hee = 2/10 interest Transfer includes letter from Edwards, McNair & Russell, Estate Agents to District Resigstrar of Titles, explaining that the 3/10 interest being transferred in this tranaction had a declared value (by the Estate Agents) of $1500, or $10000 for the whole property. This is less than the assessed value of $17000, and is valued so much less because "The building is in the old Japanese section of Powell Street and was actually sold by us for $10,000.00. In March of this year, the basement and ground floor were gutted by fire to the extent of over $5000.00 and remain unoccupied on account of lack of material to effect repairs. For this reason, Jung Jan Ngo, one of the owne
Traces	107304L (1944-08-29)
Document Notes???	17
Split Ownership	Billy Jang = undivided 6/10 interest. Jung Wing Gim = undivided 2/10 interest. Chang Gen Hee = undivided 2/10 interest.
Property ID	263
Consideration	1500
Declared Value
Market Value	1500
Properties	Block 4 Lot 17 (D:196 P:184 B:4 S: L:17 P:) (Area: 283.68) Powell Street (Nihonmachi)
Value per Metre (Source: Consideration)	5.29
Value per Metre (2016)	72.88
Value per Metre (2018)	75.69
Total Area	283.68
Extinguished Properties
Owners	Jung, Wing Gim Restaurant proprietor 151 Hastings St E Vancouver BC Chang, Gen Hee Cook 191 Main St Jang, Billy Merchant 191 Main St Vancouver BC
Joint Tenants
Sellers	Jung, Jan Ngo Restaurant proprietor 191 Main St
Lawyers	McNair, Thomas Seaborn Agent Edwards, McNair & Russell 620 Pacific Building Vancouver BC
Preceding Titles	107304L (1944-08-29)
Newer Titles	388009L (1958-07-16) 502976L (1965-01-13) 613400L (1970-09-25)
Nominal Sale	False
Consideration	1500
Consideration (2016)	20674
Consideration (2018)	21473
Declared Value
Declared Value (2018)	N/A
Market Value	1500
Market Value (2018)	21473
Japanese Buyers	0
Other Asian Buyers	1
Other Buyers	1
Institutional Buyers	0
Some Owners Japanese	False
All Owners Japanese	False
Some Owners from East Asia	True
All Owners from East Asia	False
Some Owners Other ???	True
All Owners Other ???	False
Has Human Owner	True
Has Institutional Owner	False
Has Custodian Owner	False
Has VLA Owner ???	False
Japanese Sellers	0
Other Asian Sellers	2
Other Sellers	0
Institutional Sellers	0
Some Sellers Japanese	False
All Sellers Japanese	False
Some Sellers East Asia Other	True
All Sellers East Asia Other	True
Some Sellers Other	False
All Sellers Other	False
Has Human Seller	True
Has Institutional Seller	False
Has Custodian Seller	False
Has VLA Seller	False

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Title

153385L (1946-08-01)

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Terminology

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