In 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 ...
Condominiums 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 ...
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 ...
View MoreIf 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
any action commenced against the corporation in respect of which the corporation has been served ...
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 ...
View MoreIt 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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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 ...
View MoreIn Alberta, a Real Property Report (RPR) is required when selling a Bareland Condo, but not so for Conventional Condo. An RPR is a survey of a property that shows the location of buildings and improvements on the property, as well as any encroachments or easements. It also shows the location ...