Found 1 blog entry tagged as condo board.

Doing your due diligence before buying a condo is of the utmost importance. Potential questions include: 

  • What are the service terms for board members?
  • Does the condo board have a reserve fund and how much money is in it? 
  • Does the condo have any upcoming major repairs? 
  • Are water, electricity or heating included?
  • Is maintenance of common areas (garbage pickup, snow removal, etc.) covered by condo fees? 

They’re all questions you’ll want answers to before you decide to put in an offer. 

Whether you live in a big city full of condos like Toronto, Ontario, or a smaller town like Canmore, Alberta, condos are often seen as a first step in homeownership for young adults. They’re also popular among seniors looking for…

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