Before you buy a condominium, it’s important that you be familiar with how laws related to condominiums work in your province or territory. The Provincial and Territorial Fact Sheets will help you understand this; through their straightforward question-and-answer format, you can learn about, for example:
- reserve fund requirements,
- key documents condominium buyers should receive,
- rules around electing the board of directors, and
- special assessments which you may be required to pay.
The Provincial and Territorial Fact Sheets also include valuable links to other on-line resources.