Much has been written about high real estate prices over the past couple of years. With so many people now able to work from home, combined with those who have cashed out and sold their properties in the GTA to move to the Forest City, the secret about how awesome London is, is finally out […]
Condos: A smart first-time home purchase option Read More »
Good gracious! I don’t do those. No, we’re not talking about PDAs… but PDIs. There’s an important difference (although they are by no means mutually exclusive; heck, you may wish to proceed with a PDA after a successful PDI – to each their own, I suppose). First, congratulations on buying a new-build property (doesn’t matter
Here you are. You’ve purchased a new build condo – one where construction has yet to be finished. Congratulations, you jammy devil. As it’s not yet (fully) built, and while you have been provided with an estimated date of possession, you can’t know for sure when you’ll be able to move in. It’s all still
Important Dates When Buying a New Condo Read More »
Don’t worry, this isn’t a thinly veiled piece on criminal gangs. … even if a condo Board of Directors can make up the rules. NERD ALERT: the following will discuss the three aspects of condo governance: the declaration, rules and bylaws. These three documents are set out in accordance with the Condominium Act. Hierarchy As
Anything to declare? Can you please describe it for me? … where are we?! A border crossing? (Ah, no. Crossing borders was something we did prior to 2019… unfortunately) We’re talking about two more important documents relating to condo ownership: the Declaration and the Description. Included as part of the Status Certificate (see my earlier
The Declaration & Description Read More »
What’s your status? … that’s a bit forward, don’t you think?! And you thought condo-related documentation would put you to sleep. In all seriousness, before you buy a condo (more accurately, a unit in a condominium corporation), it’s important to learn about, understand and be aware of the differences between the handful of (really)
The Important Document When Buying a Condo: The Status Certificate Read More »
