toronto condos and lofts: Condo Fees versus Freehold Expenses- Lets take a closer look...
- 06/10/13 12:37 AM
VERSUS Do you save more by chosing condo or freehold property? One of the common factors which greatly affect Buyer's decision in choosing to purchase a condo or freehold is the cost of monthly condo maintenance fees. In the Toronto real estate market, first time buyers often consider a small condo unit as their gateway to home ownership due to price affordability. Condo is a method of ownership where you only own the unit, and the common elements are shared amongst owners including the utilities for those areas. Condo fees for each unit is calculated based on per … (0 comments)
toronto condos and lofts: Condo Dwellers, what exactly is a condo board suppose to do for you?
- 10/18/12 01:33 AM
If you live in a condominium, you would have participated in electing the members of the board. While most board meetings go on behind closed doors, have you ever wondered what the responsiblities of the condo board are? I have put together a quick infographic to illustrate a summary of the chain of communication and responsiblity of the property manager and condo Board of Directors... What Is A Condominium? A method of property ownership, created solely to manage the condominiums affairs Regulated by the Condominium Act Condo board must comply with the Declaration, description, by-laws and rules of the condominium Condominium act provides … (1 comments)
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