Are you prepared?

Are you prepared to represent condo buyers and sellers? Here are the answers to last week’s quiz. 1.  Condominium monthly maintenance fees always include expenses such as building insurance, heat, and hydro. – FALSE The condominium declaration sets out the expenses that are included in the monthly maintenance fees. These expenses will vary, depending on … Continued

How much do you know about condos?

Condominiums are a system of land ownership where an individual owner holds title to a specific unit and owns a share of common property, referred to as common elements. Condominiums are found in rural and urban markets, can be broadly grouped into two types (leasehold or freehold), and come in many shapes and forms to … Continued