The building management instated a law that this was illegal on
building property unless we had the hookups inside of our apartment.
Not exact matches
I've
built enough of an income through two
properties that in less than 5 years I won't have to work
unless I want to.
In this type of co-ownership, there can be more than two owners, and the owners may sell their portion of the
property to anyone,
unless stipulations or restrictions are
built into the ownership contract.
If the apartment is in a
building that was converted from rental housing, no insurance may be provided under Section 234 (c)
unless: (1) the potential co-buyer or buyer was a tenant of that rental housing; (2) the conversion occurred more than one year before the application for insurance; or (3) the conversion of the
property is sponsored by a tenant's organization that represents a majority of the households in the project.
Personally, I believe that borrowing money so you can borrow more money is a really stupid idea and I certainly wouldn't consider doing it
unless I had a substantial emergency fund
built up to cover the myriad expenses that often come up when dealing with commercial real estate
properties.
Unless you are particularly wealthy, living in an apartment
building means that you are renting space from a landlord or a
property owner.
(2) In addition to the requirements of section 8 and subject to the regulations, a description for a leasehold condominium corporation shall not be registered
unless the
buildings and improvements to the
property form part of the
property.
But today, you'd need to pay an extra cost to receive coverage, and even then, it would only cover damages to your apartment, not to the rest of the
building,
unless your landlord or
property owner paid for separate terrorism coverage.
Most insurance providers specifically exclude personal
property left in a rented storage locker (
unless that locker is in the basement of the apartment
building that you live in).
Any improvements or fixtures
built on the land by the lessee will become the
property of the owner
unless the lease says otherwise.
With larger commercial
buildings you will always be dealing with investors, which means you may wait longer to sell, and
unless you've been able to significantly improve the revenue stream or costs of the
property, you're buying based on the cap rate and still again selling there.
My point though is that your net worth will benefit more so from
building a business versus buying rental
property,
unless you make buying rental
properties your business.
Unless immediate action is taken by an organized group of REALTORS who share a common business strategy,
Property Guys will offer hisorical data to the entire Canadian population in order to
build it's business model.