Kelowna, British Columbia
Kelowna is a located on the Okanagan Lake in the Okanagan Valley of British Columbia. It is the seat of the Regional District of the Central Okanagan, and the 3 rd largest metropolitan area in BC (after Vancouver and Victoria). According to Census Canada, 2006 population was 106,707. The name Kelowna derives from a native term for “grizzly bear”.
Communities include: West Kelowna to the west across Okanagan Lake, Lake Country and then Vernon to the north, Peachland to the southwest, and Summerland and Penticton further to the south.
Kelowna is a service driven industry. In summer, boating, golf, hiking and biking are popular, and in winter, both Alpine and Nordic skiing are favourite activities at the nearby Big White and Silver Star ski resorts. With a mild climate, Kelowna is also home to many vineyards around and south of the city; producing wines that have a worldwide reputation.
Due to the climate and vineyard-filled scenery, Kelowna is the least affordable housing market in Canada [1] and 13th in the world. It is classified as "Severely Unaffordable". It’s climate has been 2With scenic lake vistas and a dry, mild climate, Kelowna however has become one of the fastest growing cities in North America.
Don't Be Alarmed, I.D. Required 
As of June 23, 2008, your REALTOR® will have to ask for identification, as in picture I.D. In June 2007, the federal government approved amendments to regulations under the Proceeds of Crime (Money Laundering)and Terrorist Financing Act (PCMLTFA). The amendments, which come into effect on June 23, 2008, are designed to broaden the scope of record keeping and reporting requirements. This means that real estate salespersons and brokers will have new obligations under the PCMLTFA.
Requirements as of June 23, 2008 will include a receipt of funds record for all transactions regardless of the amount of funds received (unless funds are received from a financial entity or public body). In addition, a client identification record will be required to be completed with respect to every purchase and sale regardless of the existence of a cash deposit. Salespersons and brokers will be required to verify and record the identification of each client involved in a particular sale.
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REALTOR®, Realtor®, realtor
The word REALTOR® is a registered trademark owned in Canada by REALTOR® Canada Inc., a subsidiary of the Canadian Real Estate Association. Only members of the Canadian Real estate Association have the right to use the trademark and in strict accordance with the rules and only to identify membership in this association. The word Realtor®: is a registered trademark in the United States and only members of the National Association of Realtors®: are permitted to use and spell (upper case and lower case) the word. This is a Canadian site offering information, the word REALTOR® intended use is that of a member of the Canadian Real Estate Association. The owner of the site is a member of the Canadian Real Estate Association. If you would like further information please contact.