There is a long-time maxim that one of the most important determinants in the mind of a real estate purchaser is “location, location, location.” While that is still true in the case of condominiums, purchasers’ buying-decisions are also influenced by…
Enforcing Single Family Restrictions in Condominium Documents
In condominiums located close to university and college campuses there is frequently dissension between resident owners and investor/landlord owners as to who is entitled to occupy the units. While investor/landlord owners want to maximize their rental income, resident owners have…
Audi Car- Sharing Programs in US Condominiums
Audi USA has recently announced that it will launch Audi at Home, a car-sharing program, in two luxury condominium buildings in Miami and San Francisco. Audi will supply the vehicles for the program, which will be parked in the condominiums…
Parking in Condominiums – Purchasers with Electric Cars and Purchasers with No Cars
In the past the number of parking spaces in most new residential condominiums was at least equal to the number of residential units. Residential units with parking spaces were believed to be more marketable than units without parking. With the…
Bill 106 Highlights – Shared Facilities Agreements
As noted in some of our previous blog postings, many condominium corporations share facilities with other condominium corporations or other properties. While in most cases there are shared facilities agreements that govern the operation, maintenance and costs related to these…
Enforcing Payment of Shared Facilities Costs
Many condominium corporations share facilities with other condominium corporations or other properties. Usually there is an agreement in place which obligates all parties that use or benefit from the shared facilities to contribute to the costs of operating and maintaining…
Correcting a Conveyancing Error Where Title to a Condo Parking Unit Was Inadvertently Not Transferred
A condominium owner about to sell his residential unit and parking unit was surprised to find out that due to inadvertence when his real estate purchase transaction closed, legal title to the parking unit was never transferred to him. The…
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…
Excessive Use of Water by Condo Unit Owner
In a recent Small Claims Court decision, MTCC No. 659 v. Truman, the Court considered whether a condo corporation could charge an owner for disproportionate and excessive use of water in the owner’s unit. The condo corporation consisted of 20…
Bill 106 – Last Call for Feedback
The Standing Committee on Finance and Economic Affairs is now seeking feedback from the public on Bill 106. Public hearings will be held in Toronto on October 22, 2015 and October 29, 2015. Those who would like to be considered…
