Condominium Shared Facilities Costs
Many condominium corporations share facilities with other condominiums and/or retail or commercial properties. The costs of running and servicing the shared facilities are most often set out in a shared services agreement entered into by the developer before the condominium is created and then registered on title. Read the article………….
In parts of Canada, notably Toronto (Vancouver is quiet due to the new tax), the real estate market is booming.
On December 12, 2013, amendments to section 173 of B.C.’s Strata Property Act, SBC 1998, c 43, came into force