If you are buying a condo, you are always given the option of getting a status certificate before your offer becomes firm; usually, this is paired with a condition of your lawyer reviewing that status certificate. The status certificate itself is only a small...
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How a lawyer can help when you’re buying a condo
Buying a condo is as exciting as buying a house, but there are a lot more rules that go along with it. While having a lawyer is not an option in Ontario when purchasing a property, there are even more reasons to bring your lawyer on early if you are buying a condo:...
Buying a condo? Start here.
The Canada Mortgage and Housing Corporation is Canada’s national housing agency. The primary reason the average person would come into contact with CMHC is because they offer mortgage insurance on many high-ratio mortgages for Canadians; if you are buying a house with...
Condo insurance
When buying a condo, many people know that the building is required to have insurance. The issue is when they assume that the building insurance also covers everything inside their unit. If you rely on the building's insurance, the first problem is that their...