More and more Ontarians are choosing to live in condominiums. Empty-nesters, young singles, couples and even families enjoy the freedom from routine maintenance such as lawn care or snow shovelling. Condo life also includes sharing common areas with other residents and following by-laws and rules that are set by the condo corporation. It’s important to understand how a condominium corporation is established and operates, so you know what to expect from condominium living.
Educating Condominium Buyers
Thinking of buying a new condominium? Here’s what you need to know.
What condo ownership is all about
Learn about the roles and responsibilities of an owner
Declaration, By-laws, and Rules
Learn about condominium governing documents and how they affect condo living.
Familiarize yourself with the different types of condos on the market in Ontario.
Meetings and Voting
Learn more about attending, voting and the different types of meetings held by condo corporations.
Buying, Renting or Selling
What you need to know about buying, renting or selling a condo versus other forms of real estate.
Learn about effectively managing a Condo Corporation.
Common Expense Fees
How your monthly common expense fees are calculated and what they’re used for.
Learn about how a board of directors is elected, what they do and how they’re trained.