The industry has long held that delivery of any documents relating to the corporation, must be in the form specified by the owner, and in compliance with the Act. Translated, a hard copy, mailed to the registered owner at the unit address, unless the owner has provided an alternate mailing address.
If you are considering the purchase of a townhouse, you may be surprised to know that there are several different types of condominium developments.
Before you choose on renting the unit out yourself, or hiring a professional, such as a real estate agent, ensure the condominium’s rules and regulations will allow for a rental by speaking with the condominium property manager, as some condo’s may restrict the quantity of rentals allowed in a building.
Typically, security is a topic that only gets attention and consideration after an event has taken place. A strong understanding of the potential risks, before they occur is a key element in developing a professional property management system that focusing on prevention over reaction.
The prospect of never having to shovel the driveway again, or cut the grass, empty the eaves or even repaint the front door does sound appealing to most, though condominium living is not for everyone.