There are more than 320,000
condominium owners in the province and condominium sales account for approximately 20 per cent of residential sales annually, CREB says.
In an announcement this morning, Ontario's Minister of Government and Consumer Affairs, David Orazietti, introduced new legislation that would increase protections for
condominium owners in Ontario, improve how condo corporations are run and ensure that condo boards are governed professionally.
NEW YORK (AP)-- A judge says
condominium owners in a New York high - rise called «Trump Place» can stop displaying the name licensed from President Donald Trump nearly two decades ago.
Not exact matches
When Alexandre Pestov, a strategic consultant and research associate at York University's Schulich School of Business, compared buying a two - bedroom Toronto
condominium to renting it over the past 25 years, he found that the renter ended up $ 600,000 richer than the
owner if he invested the spare cash
in low - risk bonds.
That foundation is important, whether dealing with an individual
owner in a
condominium complex or the board of directors for an entire association.
It covers situations
in which the unit
owners in a
condominium are financially responsible for a shared loss, so long as the issue was a covered peril.
Homeowners Association dues are typically paid by
condominium owners and homeowners
in a planned urban development (PUD) or town home.
Sad: New York's landmark Waldorf Astoria hotel is scheduled to close
in spring 2017 so
owner Anbang Insurance Group Co. can begin converting most of the more than 1,400 rooms to luxury
condominiums, said a person with knowledge of the plans.
Mayor Michael Bloomberg's efforts to revise the long - standing tax abatement afforded to
condominium and co-op
owners in the city is meeting fierce resistance
in...
Though not clear how many «middle - class» homeowners there are
in a city where the median home prices even
in Queens are well over $ 500,000, Johnson floated a $ 400 tax rebate for co-op and
condominium owners making less than $ 150,000 a year, Crain's reported.
Chassis no. 14385 is a one -
owner example that was stored
in the parking garage of a downtown Toronto
condominium since 1989.
Fees paid (usually) to an
Owners Association Fees by the owners of the individual units in a condominium or cooperative which are used to maintain the property and common
Owners Association Fees by the
owners of the individual units in a condominium or cooperative which are used to maintain the property and common
owners of the individual units
in a
condominium or cooperative which are used to maintain the property and common areas.
Those portions of a building, land, and amenities
in condominium and cooperative projects which are used the apartment
owners.
In contrast, the owner of a $ 60,000 condominium with a first mortgage of just $ 40,000 has $ 20,000 in equity, or 33 % in percentag
In contrast, the
owner of a $ 60,000
condominium with a first mortgage of just $ 40,000 has $ 20,000
in equity, or 33 % in percentag
in equity, or 33 %
in percentag
in percentage.
Those portions of a building, land, and amenities owned (or managed) by a planned unit development (PUD) or
condominium project's homeowners» association (or a cooperative project's cooperative corporation) that are used by all of the unit
owners, who share
in the common expenses of their operation and maintenance.
If you are a new
condominium owner and look for condo insurance coverage, this info will come
in hand.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Waterford, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Coventry, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Stonington, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
The
owners lose trust
in the board of directors» ability to manage the
condominium.
In arguing for tax equity for rentals and tenants it is important to note that, Ottawa dramatically favours homeowners over tenants in tax policy because owners are exempt from capital gains taxes, people can often buy a condominium and make payments $ 200 lower than rent for a similar uni
In arguing for tax equity for rentals and tenants it is important to note that, Ottawa dramatically favours homeowners over tenants
in tax policy because owners are exempt from capital gains taxes, people can often buy a condominium and make payments $ 200 lower than rent for a similar uni
in tax policy because
owners are exempt from capital gains taxes, people can often buy a
condominium and make payments $ 200 lower than rent for a similar unit.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Deep River, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
CONDOMINIUM Ownership
in which
owner has title to a dwelling unit and owns a share of the common elements - e.g. elevators, hallways and the land.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Montville, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Middletown, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
The
condominium may have specific associations that include monthly or annual fees,
owner rules, and common areas
in the community.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Haddam, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in East Hampton, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
If you are a home
owner planning to sell your single family home, multi-family home or
condominium in Groton, give Guy a call to schedule a thorough pre-sale inspection of your home so that he may identify any deficiencies or problems before you list your house for sale.
Homeowners Association dues are typically paid by
condominium owners and homeowners
in a planned urban development (PUD) or town home.
Owner - occupied 1 - 4 family dwellings or FNMA / FHLMC approved
condominiums located
in the State of New Jersey
That would enable lenders «to more accurately track
owner - occupancy rates levels and FHA will be able to better manage default risk
in approved
condominium projects,» according to MBA's comment letter.
Back
in May 2013, Pet Business posted a blog, courtesy of our sister publication Grooming Business, focusing on Taria Avery,
owner of Philadelphia - based Avery's Mobile Pet Spa, and her unique niche among residents of high - rise luxury
condominiums in her area.
Barking dogs do not endear
owners to their neighbors
in apartments,
condominiums, and close - knit suburbs.
It is ideal for dog
owners who live
in condominiums or apartments where there is no space for outdoor potty.
Apartments say «no pets» or restrict pets by number and weight;
condominium and townhouse units have postage - stamp yards and restrictions on fences; many subdivisions and residential communities prohibit above - ground fences and kennel runs; and
owners think Ranger will be unhappy if he can't romp
in a yard, so shelters and breed rescues get frantic calls about the dog that needs a home because «we're moving next week.»
This charming
condominium is currently
in the rental program, and future reservations may be transferred to the new
owner.
The Canada Elections Act says that
condominium owners have the right to place signs
in their units (for instance,
in their windows).
If Mr. Lahrkamp becomes the
owner in another
condominium the restrictions imposed on him would not apply to that
condominium corporation.
Represented board of managers and property management company
in a dispute with unit
owners concerning the right to maintain and repair
condominium common areas.
Given the significant increase
in the number of new
condominium developments
in Ontario, it is not surprising that there has been a corresponding increase
in the number of «compliance» proceedings commenced by
condominium corporations against defaulting
owner (s).
This case is another important reminder to unit
owners of the importance placed by
condominium corporations
in ensuring that unit
owners comply with the Declaration, Rules and By - laws.
Recently,
in the case of Peel
Condominium Corporation 108 v. Young, the
condominium corporation commenced an Application before the Ontario Superior Court of Justice against a unit
owner to enforce its Declaration.
Not so
in Chicago where a two individuals represented themselves as Chairman and President of a management company, collected monthly fees from 250 unit
owners in 40
condominium associations from 2005 to 2008 and used approximately $ 2 million dollars of those monthly fees to pay a personal debt of theirs on a development project.
The British Columbia Supreme Court recently ordered a
condominium unit
owner to cease smoking
in his unit
in contravention of the strata corporation's...
In a recent case, YCC No. 922 v. Lu, the
owners of a
condominium unit were ordered by the Ontario Superior Court of Justice to permit the
condominium...
He held that
in light of the purposes of health, safety, comfort and convenience of
condominium owners, Article 62 (a)(iv) should be interpreted to permit live -
in caregivers «required to provide necessary assistance» to residents (at para 14).
Justice Stevens began his reasons for decision by noting that
condominium bylaws are
in essence a contract amongst the
owners, citing
Condominium Plan No. 931 0520 v Smith, 1999 ABQB 119.
Authored amicus curiae brief for Real Estate Bar Association of Massachusetts (REBA)
in Supreme Judicial Court case of great economic significance to
condominiums,
in which the right of associations under the
condominium statute to impose successive liens on
owners who withhold
condominium fee payments was upheld by the SJC.
In a recent case, Seto v. PCC No. 492, several commercial condominium owners were unsuccessful in their application for an order that the condominium corporation had engaged in conduct that was oppressive or unfairly prejudicial to their interest
In a recent case, Seto v. PCC No. 492, several commercial
condominium owners were unsuccessful
in their application for an order that the condominium corporation had engaged in conduct that was oppressive or unfairly prejudicial to their interest
in their application for an order that the
condominium corporation had engaged
in conduct that was oppressive or unfairly prejudicial to their interest
in conduct that was oppressive or unfairly prejudicial to their interests.