Condominiums

June 9, 2023

The Lasting Impact of Insurer Decisions on Post Tension Cable Buildings in Calgary

In the 1990s, mortgage insurers implemented a policy change regarding the insurance of post tension cable buildings. This decision has had a lasting impact on the construction practices and real estate market in Calgary. In this blog post, we will explore how this long-standing policy affects both buyers and sellers ...

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March 9, 2023

New Listing 3830 Brentwood Road NW # 507

Greater Calgary Real Estate would love to introduce you to the New Listing by Heather Mudd!




Welcome to University City! This complex is perfectly located with a two minute walk to the LRT, restaurants, daycare, bars, grocery stores, Brentwood Village Mall and a short walk to the U of C ...

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Feb. 18, 2023

What is an estoppel certificate?

Estoppel CertificateIn Alberta, an estoppel certificate is a legal document that is commonly used in the buying and selling of condominiums. It is provided by the condominium corporation, and is designed to provide information about the status of the unit being sold, as well as the status of the condominium corporation ...

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Feb. 13, 2023

Why Do Condominiums Have Condo Fees?

 

Condo FeesCondominiums have condo fees because they are a way for the owners of individual units in a condominium building to share the costs of common expenses and amenities. Condo fees typically cover expenses such as building maintenance, management, landscaping, snow removal, insurance, water and sewage, trash removal, and the ...

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Posted in Condominiums
Feb. 8, 2023

What is a Special Assessment for Condominium Owners?

       

Special Assessment

                                                                                            ...

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Posted in Condominiums
Feb. 7, 2023

What is titled, assigned, leased parking or storage?

In Alberta, the process of purchasing or leasing titled, assigned, or leased parking or storage works similarly to other jurisdictions. An individual or business interested in securing a designated parking space or storage unit can approach a property owner or management company to inquire about available options. If a space ...

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Posted in Condominiums
Feb. 6, 2023

What are the documents I need to sell my condo?

If you are looking at selling or buying a condominium, the following documents should be in order:

 

Condominium Document Checklist

(a) An information statement that Includes all of the following:

(i)The Particulars of 

  1. any action commenced against the corporation in respect of  which the corporation has been served ...

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Feb. 6, 2023

The benefits of having condominium documents reviewed professionally?

Condominium

Let me begin this discussion with stating that at this time, there are no organzied education courses offered for the Condominium Document Review industry.

So it is difficult to use the word "professionally", I apologize for any confusion. That being sad, I do feel there are individuals who offer expertise ...

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Jan. 28, 2023

Bareland Condominiums - What Are They?

It is important to note that some condos' bylaws or management may require the seller to provide an RPR, in this case, it would be mandatory to have one before selling the condo. Discuss with your agent your requirement to provide one prior to listing your property. 

In Alberta ...

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Jan. 28, 2023

Conventional Condominiums - What are They?

                                             

A conventional condominium is a type of property ownership where individuals own individual units within a multi-unit building or complex, and share responsibility for the maintenance and upkeep ...

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