Aggregating the real estate of condominium commentary, opinion, tragedy and truth being told to the public. Buy into the author’s thought or sell your own. For legal advice, consult a professional condominium lawyer.
In previous blog entries, we reviewed Advice for New Condominium Managers, and How to Successfully Transition to a New Property. So you’ve started your career (or are still advancing it) and you’ve set yourself up for success in your new property. Source: Lyndsey McNally RCM, Malvern Condominium Property Management, ACMO
Some interesting issues have cropped up recently around “Candidate Disclosure” requirements for candidates running for positions on condominium boards of directors. Source: Sarah Morrey, Lash Condo Law
A condominium management team that objected to a Jewish condo owner attaching a mezuzah to the doorframe of his residence highlights the importance of seeking legal advice before taking action, says Toronto condominium lawyer Audrey Loeb. Source: Kirsten McMahon, AdvocateDaily.com Managing Editor
Whenever I am Asked to Explain Arbitration, I Start With Judge Judy Source: Marc Bhalla, CCI Toronto and Area Chapter
Residents will struggle to challenge condo-imposed bans on balcony barbecuing, says Toronto condominium and commercial litigator Megan Mackey. Source: AdvocateDaily.com Staff
Wondering how much your condo is worth?
Determining the value of a condo is generally easier than valuing a house because there are likely identical or nearly identical comparable sales in your building. In determining the value of a condo, real estate agents and appraisers will determine the price per square foot of recent sales and use that as a basis to determine the value of your condo. For example, a 750 sqft condo may be worth $900 PSF (per square foot) or $675,000. Source: the BREL Team | Toronto Realtors