Buying a Condominium?
There are typically several key differences between owning a freehold home and a Condominium unit. In a Condominium your exclusive ownership includes the contained unit. The size of unit determines the proportionate costs you are responsible for in regards to condominium fees (which include building operations, maintenance, common areas, etc).
Understanding and reviewing the Status Certificate is vital before purchasing a Condominium. This provides the financial situation of the Condominium Corporation, pending or active legal issues, special assessments, rented units in the building(s), Condo rules and By-Laws.
Strike & Phillips expertise in Condominium Law ensures the thorough review of the Status Certificate so that you can buy in confidence.
Strike & Phillips LLP has been serving the community of Clarington including our home town of Bowmanville and surrounding areas including Oshawa, Whitby, Peterborough, Cobourg, Ajax, Pickering and the Greater Durham Region since 1925.
Call us at 905.623.5791 or try our email form on our Contact Us page.