«For the average person, it's not a level playing field right now and our legislation will significantly strengthen consumer
protection for condo owners,» said Orazietti.
Not exact matches
In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks
for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements
for co-op and
condo owners and expand
protections for tenants of loft buildings.
The main difference is that there are two components of insurance
protection for a
condo: (1) a commercial
condo policy purchased by the
condo corporation; and, (2) a personal
condo insurance purchased by unit
owners.
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.
Would you pay $ 1 per month
for extra
protection of your rights as a
condo owner (or when buying a
condo)?
→ Unit
owner additional
protection This is liability insurance specifically made
for condo -
owners.
The
condo owner can purchase HO - 6 home insurance which is intended
for the
condo owner and covers not only personal property but provides liability
protection as well.
«
Condo owners can also purchase an umbrella insurance policy that provides additional
protection of $ 1 million or more
for both their
condo insurance and their auto insurance,» Conarton says.
The
condo policy also provides
protection for the personal property of the
owner, such as a washer and dryer that they leave in the unit.
Contents
protection,
for example, is usually something that Maize - Morse
condo owners should take out in addition to their group
condo policy.
The main difference is that there are two components of insurance
protection for a
condo: (1) a commercial
condo policy purchased by the
condo corporation; and, (2) a personal
condo insurance purchased by unit
owners.
In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks
for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements
for co-op and
condo owners and expand
protections for tenants of loft buildings.