Condo Smarts: Request Form F early if you’re selling, and avoid surprises
Dear Tony: In order for us to sell our condo, our strata recently forced us to pay $1,500 in fines for an alteration that we did not make to the exterior of our condo; it was made by a previous owner and was not disclosed to us by the strata when we purchased. Unfortunately, we did not know the amount was owing until the Form F Payment Certificate was requested a few days before our sale. This seems to be a serious problem with condo sales and leaves sellers vulnerable to the claims of stratas or managers. Read the article…………….