Condos
Condos in Vancouver are more popular than ever due to the affordability of houses becoming out of reach for so many but also because of the prime Vancouver locations they offer. Buying a condo requires a realtor that fully understands not only the real estate market and negotiating the sale, but interpreting important information every buyer must consider about the building before signing a contract of purchase.
Karel can assist you in understanding the bylaws, minutes, council, financial statements including Contigency Reserve Fund, and whether the building is a good fit for you. Karel can also give guidance as to what expenses are coming up in the future based on projects that the council has planned in their minutes. Purchasers can be overwhelmed with the amount of information and make hasty decisions that may result in uncomfortable living in their new condo. Are you allowed to have a pet, a barbeque, hardwood floors? Are you prepared for a special levy that is planned to replace the roof or windows? Is the building classified as a "leaky condo"?
Karel knows Condos ... read more
RESOURCES
CHOA - Canadian Homeowners Association
Clark Wilson LLP - Frequently Asked Questions Regarding Condos
Canadian Bar Association - Owning a Condominium
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Karel Palla is a member of CHOA |
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Karel Palla is a member of CCI |
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