The average cost of buying a condo in a major city

Moving to a new city and a new environment might excite you in the beginning. But, once you think about all the different costs involved, the idea can seem daunting. Besides the unusual sights and sounds, you must get used to the cost of living, and your accommodation will play a huge role in your […]

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How to prevent packages from getting lost or stolen: Tips for condos

A courier truck pulls up in front of a condo building. The driver unloads dozens of packages and drops them off at the front desk as quickly as possible. While concierge takes the parcels to the mailroom, another courier truck arrives. The packages are left unattended, but only for a few minutes. Unfortunately, it only […]

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HOA Liens

When someone buys a home that belongs to a planned community with covenants, they are generally expected to pay fees and assessments to a homeowners’ association. Though most owners pay these fees without any problems, HOAs can take serious action if an owner refuses to keep up with their financial obligations.   Download our notice […]

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Pro formas for condo developers, sellers and buyers

Whether you are developing, selling or purchasing a condo, a pro forma statement can be a vital tool for decision-making, and minimizing risks associated with investing. But in order to be truly useful, pro forma statements must be based on objective and reliable information. This is the only way to create an accurate projection of […]

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3 things to know about HOA approval letters

Everyone likes receiving approval letters. A letter of approval is a written consent by a regulatory authority or body to proceed with a specific change, action or activity. An approval letter may be sent in response to a number of requests, but when it comes to HOAs, approval letters are generally sent to homeowners who […]

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Parking, Pets, Vehicles and Storage: Expanded Jurisdiction for the CAT

Parking, pets, vehicles and storage. These are four issues that can create stress, frustration, and conflict for any condo community. When they become a problem, finding a resolution is generally not a clear or straightforward path, and some owners get to a point where they feel as though litigation is their only option.In Ontario, the […]

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Bill 16: The changes that every co-owner should know about

In Quebec, most condos can be classified as divided co-ownerships. That means the building has private areas (the owners’ units) and common areas that all of the owners share (party rooms, pools, outdoor spaces, etc.).    The Quebec Government passed Bill 16 in December of 2019, and this new law will impact some of the […]

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RVs and HOAs

Recreational vehicles (RVs) are loved by many people who enjoy travelling and exploring. They provide temporary accommodations on long road trips or camping expeditions. Retirees may even use their RV to travel from their winter home to their summer home.However, RVs can be a point of contention in HOA communities. Associations don’t always welcome these […]

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What you need to know about the Strata Property Act

The Strata Property Act, along with a strata’s bylaws and rules, provides the legal framework under which all strata corporations must operate in British Columbia. Even though stratas are self-governed, strata owners and residents must use the legislative framework to inform their actions and rules.   Defining a strata The term “strata” is generally used as a synonym for a […]

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Can a condo resident rent out their parking space?

If you live in a condo, you know that parking spaces can be rare and valuable commodities. Some condos have at least one parking spot per unit, but other developers only build spots for the larger units in the building. This can create problems for owners or renters who have a car but don’t have […]

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