Condo News – Page 2

May 31, 2011

When Buying, the Documents are very Important

“If you have purchased a condominium then you will have looked over the documents that describe the unit, building, condo corporation etc…”

Condo Owners Need Advocacy Group

“Earlier this year, the City of Vancouver was hit with a lawsuit over the Olympic Village development, a condominium project absorbed by the city after a developer’s shell company defaulted. The takeover came with cracked ceilings, water leaks and rippled hardwood floors; one couple plunked down $1.8 million for a unit.”

Early Planning Agreements

“The Alberta government is warning prospective condo buyers to read “early planning agreements” carefully before signing contracts and handing over non-refundable deposits.”