Is My MP a Landlord?
Randeep Sarai
Liberal
Surrey Centre
British Columbia
- Randeep Sarai is a Home Owner
- Randeep Sarai is a Landlord.
- Randeep Sarai holds significant investments.
Activities
Significant ownership interest in 1384424 B.C. Ltd. based in Abbotsford, British Columbia that owns a franchise, Chaiiwala of London
Assets
Sole ownership of duplex rental property located in Burnaby, British Columbia
Sole ownership of four rental units located in Burnaby, British Columbia
Sole ownership of a rental property located in Surrey, British Columbia
Gifts
Notice of Material Change
Date of Change: October 15, 2024
Credit card with the Royal Bank of Canada
Investment in Private Corporations
Co-signor for a loan for an individual with Vancity
Co-guarantor for a corporate loan for 1384424 B.C. Ltd. with the Bank of Montreal
Credit card with the Royal Bank of Canada
Liabilities
Two mortgages with Vancity
Co-guarantor for a mortgage with three individuals with National Bank
Co-guarantor for a mortgage with three individuals with Envision Credit Union
Vehicle loan with the Royal Bank of Canada
Line of credit with Vancity
Home Equity Line of Credit with National Bank
Credit Card with the Royal Bank of Canada
Member of the Board of Directors of the Central Organizing Resource for South Asians Foundation
Member of the Board of Directors of 1384424 B.C. Ltd
Member of the Board of Directors of the Grand Fairway Development Inc.
Other Sources of Income
Last and next 12 months:
Rental income from properties
Outside Activities
Two mortgages with Vancity
Co-guarantor for a mortgage with three individuals with National Bank
Co-guarantor for a mortgage with three individuals with Envision Credit Union
Vehicle loan with the Royal Bank of Canada
Line of credit with Vancity
Home Equity Line of Credit with National Bank
Credit Card with the Royal Bank of Canada
Sponsored Travel
Member of the Board of Directors of 3H0 Foundation Society, a non-profit organization based in Vancouver, British Columbia
Spouse's/Common-Law Partner's activities
Member of the Board of Directors of 3H0 Foundation Society, a non-profit organization based in Vancouver, British Columbia
Spouse's/Common-Law Partner's investment in private corporations
Controlling interest in Grand Fairway Development Inc., a real estate holding company that holds a nominal interest in 1041672 B.C. Ltd, a real estate holding and rental company in Surrey, British Columbia
Controlling interest in 687495 B.C. Ltd., a real estate holding and rental company in Surrey, British Columbia
Spouse's/Common-Law Partner's liabilities
Notice of Material Change
Date of Change: October 15, 2024
Credit card with the Royal Bank of Canada
Spouse's/Common-Law Partner's source(s) of income
Last and next 12 months:
Employment income from Sarai Consulting, a sole proprietorship that offers business writing consulting
Summary Statement
Obligation to provide a confidential report has been met and all initial reporting and compliance measures have been taken to comply with the Conflict of Interest Act.