Questions to Ask When Buying a Condo…

Before buying a condo, be sure to ask yourself:

• What are the unit boundaries?

• What will my maintenance obligations be?

• What management style is being used, and am I comfortable with it?

• What are the rules regarding the allowable number of occupants, noise, pets, amenities, parking, etc., and how are these upheld?

• Can I alter my unit’s appearance? If I want to change something, what procedure do I have to follow to get permission?

• Does the condominium corporation have the minimum insurance required by my provincial or territorial legislation?

• What will my insurance obligations be?