Michigan Real Estate

The Incomparable Lifestyle at The Residences at The St. Regis Bangkok Luxury Condominium

The St. Regis Residences present an exquisite chance to expand your lifestyle. Arriving in Bangkok, the most luxurious condominium, The Residences at The St. Regis Bangkok, combines the vibrant energy of a cosmopolitan metropolis with timeless elegance. Residents will experience the pinnacle of urban living. The exclusive luxury condo Bangkok delivers an exceptional lifestyle through superb design, inspiring views, personal attention to detail, and uncompromising St. Regis services and amenities.

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Following in the tradition of the legendary St. Regis New York, The Residences at The St. Regis Bangkok will feature the famed hallmarks of St. Regis hotels, unaccustomed to any other luxury condominiums in Thailand. Among our unique amenities are butler service and luxury accommodations for worldly travelers. The renowned St. Regis Butler Service offers residents in The St. Regis Bangkok’s luxury condominium unparalleled round-the-clock personal attention. Trained in the English tradition, the butlers provide ever-present yet unobtrusive service while anticipating residents’ needs. 

Exclusive residential facilities at St. Regis Bangkok luxury condo include The Astor Residence Lounge; a private meeting room; a fully equipped fitness center featuring immaculate facilities, aerobics room and state-of-the-art equipment; a children’s play room; separate men’s and women’s Jacuzzi and sauna rooms; and a stunning private swimming pool. Showcasing 270-degree views of Bangkok’s brilliant skyline, The Astor Residence Lounge is an invigorating haven of wellness, accessible solely by residents and their guests. A multi-purpose room, meeting room and private lounge are also available for residents of The St. Regis Bangkok luxury condo only.

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Many expatriates live in Thailand, especially in the City of Angels or Bangkok.  Most of these foreign residents arrived as regular tourists, but then decided to stay due to the country’s magnificent tourist destinations, rich culture, tropical climate, and its warm and friendly people.

Returning tourists frequently choose to rent apartments or stay in hotels when they are in the city.  However, if you are one of these people who loves Bangkok and wants to stay for good, the best option is to buy a Bangkok condo where you can live comfortably in the city.
Bangkok is also a commonly chosen retirement destination for expatriates who intend to stay in Thailand for good.

Living in Bangkok
You don’t need to spend much to live comfortably in the city.  It’s cheaper to live in Bangkok compared to other cities in the West, or even in neighboring Asian countries.  People who like good food, excellent shopping and holiday spots will find that it’s easy to spend their time visiting Bangkok’s many hot tourist spots, top-class restaurants, hotels, shopping centers, and world heritage sites.

Thailand also ranks high on the world’s list of places where you can make friends easily.  Thais are a friendly and warm people who respect other people’s cultures and beliefs, while expecting the same from them.  Although Thais are very traditional, they are open to change as long as they can still practice their traditions.  

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Thailand’s steady economy and ever growing tourism industry make it a haven for investors.  Since regulations governing land and property ownership are quite strict in Thailand, permanent expats tend to own condominium units since these are the easiest property to acquire in the city.  Bangkok condominiums for sale also offer levels of comfort that are closest to those provided by a hotel, with a range of top-class facilities and amenities.

However, with the increasing numbers of foreigners investing in the country, the laws governing the real estate industry are slowly being amended to accommodate more investors.   Most foreign residents own properties in form of freehold condominium titles and through leasehold ownership.  

The best areas to find a condo in Bangkok for sale are in Sukhumvit, Sathom, Central Lumpini, Ratchada, and Silom.  All of these locations are in the center of Bangkok, near the city’s train station, expressways, and mass transit routes.  Sukhumvit, in particular, is home to the most popular condominium buildings as this location provides the ultimate access to shopping centers, restaurants, bars, and famous hotels.  Condos are mostly available as 1-bedroom to 2-bedroom units.  However, developers are currently building more studio units in the area to cater to single occupants who want smaller and less expensive units.

Bangkok condos are usually managed by property management companies, providing 24-hour of security, while maintaining the building and the units when the owners are away or overseas. Property management companies also offer their services to condominium owners who want to rent their units out to tourists as a profitable investment when they are not in the country.

Bangkok offers expats a great quality of life when settling down after their years of hard work. Investing early in Bangkok offers the opportunity to own a property in the city where expats can spend their retirement in comfort and safety.

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Every condominium association is made up of members who form the board of directors. They normally work together to ensure that the bylaws of the association are enforced as well as take the time to pass on the bylaws information to the residents within the property to ensure that they abide by them in order to make the condominium a success.

The duties of the association are divided among the board members with each one taking responsibility for certain areas. This makes it very easy to manage the association, thereby increasing its prospects of being successful. The division of responsibilities is also a good way of ensuring that the property is well protected and well taken care of as well as the residents within it.

Financial management responsibility

One of the responsibilities of the board members is to ensure that the community or property stays within the set budget in every case. Any improvements that require spending money as well as maintenance of the amenities within the property are assessed beforehand by the members, after which they come up with a budget, ensuring that all expenses stay within the set limits.

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Compliance with laws and regulations

The other thing that is the responsibility of the board of directors for the condominium association is ensuring that the state laws and regulations are complied with. The laws differ from state to state and it is the responsibility of the board to get all the information it needs to ensure the association abides by the governing rules, keeping the instances of lawsuits at a minimum.

Completion of tasks

The board of directors is responsible for completing the different tasks and duties of the association. For instance, the secretary is in charge of meeting minutes as well as communication of news while the president is in charge of conducting the meetings as well as bringing up condominium matters before the rest of the board members.

Outsourcing of Duties

The board is also responsible for hiring professionals with the goal of making the association a success. They will, for instance, have the responsibility for choosing the right management company for the different services that may call for the intervention of such professionals. They will assess the reliability and reputation of the company and the effectiveness of the company’s staff in offering the kinds of services they need. This makes management quite easy and the condominium association will definitely be successful.

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The Tropical Beach Condominium and The Oriental Beach Resort & Villa, below, on Mae Rumphueng beach.

Among them are The Tropical Beach Condominium and The Oriental Beach Resort & Villa on Mae Rumphueng beach, both being developed by D2 Real Estate Company. Other projects are the Vilailux Company’s Phuphatara high-rise and villas on Mae Pim beach as well as Glen Asia’s Tropical Beach Resort and Residence at Ban Pae and Logan Residence Development’s Seaview Condominium, also on Mae Pim beach. The latter two target the Finnish-Swedish market.

D2 Real Estate CEO Jens Brochner Nielsen said recently that Scandinavians seem to have shifted their property search from Hua Hin to Rayong because many find the former a bit too crowded.

As more foreigners start appreciating Rayong’s peaceful environment and sparse commercialisation, some Thais are also waking up to the rental potential of units being built along its pristine beaches and have started to buy.
Another strong attraction is that prices are lower for units of the same quality in both Hua Hin and Pattaya, but with potential to appreciate in the future. In fact, the appreciation has already started. Three-and-a-half years ago I saw some beautiful condominiums at a development called Kap Creative which has its own private beach in Wang Kaew Park. The price for these large, one-bedroom units was a low 1.5 million baht, but has now climbed to about 3 million baht.
While there is no denying the full force of the global economic gale, Mr Nielsen said that Thailand is among the countries feeling relatively less impact, especially compared with the US, where in some cases values have plunged by as much as 50%.

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“I don’t think we will see sharp property decreases in Thailand because it is one of the few countries that learned a lesson in 1997,” he said, adding that the property sector here didn’t see the same sort of unrealistic price increases that swept America.
“Because a bubble didn’t build up here we have real estate which is reasonably good value for the money, with not a lot of room for big plunges.”

NEW FOCUS: Scandinavians are moving in, says Jens Brochner Nielsen.
Although times are difficult, there are still people buying property. It is like buying gold, as both give a sense of security. There are also potential buyers who are a bit scared to spend money right now, said Mr Nielsen, but they will show up once the global crisis eases.
Experienced property players also realise that this form of investment requires a much longer perspective than other classes of assets, anywhere from five to 15 years.
As D2 Real Estate has a flexible buyer profile, Mr Nielsen is now shifting his focus to Thai customers, after having attracted Brits, Americans, Canadians and Australians in the past few years.
“I believe that in the next two years seaside property will become more interesting for Thai people looking for value for their money. They will invest if they get good and trustworthy returns.”
Tropical Beach’s 120 condominium units in four five-storey buildings and the adjacent Oriental Beach’s pool villas offer 8% guaranteed annual return for the first two years, far higher than the 1% deposit rates banks are now offering.
Also interesting is the project’s niche profile as a retirement estate, with security and services that older people need. There is a health-care centre with a nurse on call 24 hours a day and three packages of varying maintenance and service, offering options in frequency for cleaning and the number of meals provided.
A 42.3-square-metre unit starts at about 1.5 million baht, plus 225,000 baht for an optional furniture package.
Prices for the Thai pool villas start at close to 6 million baht for a 95-sq-m villa with a 0.33 rai plot of land, with a furniture package available for 575,000 baht.
Mr Nielsen said more Thais were buying both for their own and their families’ future use, as well as for an investment.
He praised the design of the condo units, which have a folding door to cover the bedroom area and large doors opening out to the balcony, thus combining the indoor and outdoor living areas.

“They would like to have a bedroom, living room and a big balcony, but it is very difficult to get all that at this price. So we have schemed in a small bedroom with a folding door, a bathroom, a living area and a small balcony, and the door to the balcony can open completely during the day because people who go to the seaside tend to use the balcony all day. At night they can close the door and it becomes a big living room.”
While bullish on the Thai market, Mr Nielsen realises it will be difficult to attract buyers from Singapore and Hong Kong right now because people normally do not invest overseas when their own markets are in dire straits.

His CIPS (Certified International Property Specialist) network revealed that only 104 properties were sold in Singapore in January, which is practically nothing.
Even so, he has not giving up hope of attracting some buyers from these two Asian financial hubs, but thinks it is individual and not institutional investors who might be drawn out.
“I am convinced that by the time we reach the end of this year they will start showing up again and we will see a new group from this market,” Mr Nielsen predicted.

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Angeles City, Philippines- There has been an impressive growth in numbers of real estate developers that constructs high-rises commonly known as condominiums. It is believed that the number of these units has increased in the past few years.

Angeles City condo units are becoming the trend in this growing municipality today. These condominiums are a form of home-ownership in which apartments our units are individually owned. However; common areas such as the lobbies, halls and other amenities offered are jointly owned. Most of the time; this is considered as crash pads for business oriented persons and those who preferred living lavishly on their own.

Pre-constructed Angeles City condo units are preferably sold sooner for pre-owners to choose the desired unit that they would like to invest on. Before engaging into this process; here are the things that you should know before purchasing your own condo unit.

When you are trying to purchase your own condo unit you must realize that your ownership extends inward. It begins from your exterior walls, ceiling and floor. Your partners would be your future and current neighbors that co-owns the complex. Common areas and amenities are shared with other owners as well. Condominium ownerships necessitate you to pay for monthly dues that would cover general maintenance and repairs of common areas within the complex. This will also serve as a reserve funds for future needs.
You must consider how long you plan to stay in one place. Purchasing your own Angeles City condo units is no different than buying a house, you must determine if you would live there for a couple of years to recoup closing expenses.
Understanding the condo price. This is an important step that you don’t want to miss. Give more though to what you really want and need. This would sooner reflect on your monthly association fees.
Canvas on various condominium and multi-unit buildings before buying. This would give you a good sense of the price and a good look on the unit that you would purchase. It gives you a strategic point of view towards the unit’s location, offers and amenities.
Find out if the building developers have good reputations. This is especially needed of those who are planning to purchase pre-constructed condominium units. It would aid in securing your investment and your space.
Ask to see the minutes of meeting from the home owners association. This would give you a good sense of what is going on within the building. This will also give you a chance to assess your future neighbors. Nobody would want to live in an environment where you and your neighbors don’t get along.

High rise buildings endow various advantages and disadvantages. By following the guidelines provided above you are insuring your investment at the same time making your stay worthwhile.

http://www.articlesbase.com/real-estate-articles/youre-guide-in-purchasing-your-own-angeles-city-condominium-units-4748523.html

If you are on the lookout for a single loved ones property, hunting via the several condos for sale could be a additional inexpensive and wiser solution for you. Condominiums for sale have several advantages which make them a much better solution than other small but far more high-priced properties and by understanding the proper sources to locate them you can make a safe and satisfactory obtain.

Shopping for a condo for sale:

There are several reasons why you should purchase a condo for sale instead than a single family house.

o Decrease asking rates — In contrast with other attributes, new as very well as foreclosed condominiums come at a lot decrease asking rates that are nearly 50 percent of their existing market place value.

o Larger models — There are a substantial range of condos for sale obtainable in the market which are more spacious with better layout than other apartments becoming made available at the same price.

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o Far better amenities — With recreational facilities like pools and tennis courts as nicely as landscaping of the grounds and maintenance of the exterior of the house, condominiums for sale offer significantly better recreational facilities.

o Prime spots — Most condos for sale are situated in very scenic areas like beach condos for sale which is a bargain chance to reside in a top quality region with out shelling out also significantly income.

Acquiring a excellent discount

Outlined under are some great sources via which you can find condos for sale at great bargain offers.

o On the web listings — By logging onto a research motor and typing the words “condominium for sale” along with the spot of your decision you can discover a checklist of attributes to decide on from.

o Authentic estate web sites — Subscribing to a real estate site can be an effective way to locate some very good bargains on condominiums for sale as they will provide you the most up-to-date details and the finest accessible specials as appropriate to your spending budget and requirements.

o Brokers — You can also seek advice from a authentic estate agent who can get you in touch with great bargain offers on condo for sale which includes properties found in desirable spots these kinds of as seaside condos for sale.

o Authorities listings — There are a significant amount of HUD seaside condos for sale all about the region which can also be obtained at a excellent bargain price which you can locate on the net as nicely as by going to the county offices.

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Miami is one of the most craved for places of residence in the United States. Its location in the southeastern part of Florida and the fact that Miami is one of the largest cities in this metropolitan area make it the place to call your home. Furthermore, the fact that Miami is thought as an international cultural and financial center gives you another good reason to want to purchase a home here.

Whether you buy a house or a condo does not matter that much as long as you live in one of the most beautiful places in the world. However, nowadays you should look more into the idea of buying a condo instead of a house, because there are certain advantages that you would not want to pass out on.

Miami condo development has increased considerably in the last few years and the main reason is the advantages that living in a condo bring. Not too long ago, Miami condominiums were mostly desired by single home- buyers or people who were entering the market of high- priced living accommodations for the first time. However, nowadays more and more families choose to invest in a condo.

Miami condominiums offer people amenities that they probably could not afford after buying an expensive house. You can have access to swimming pools, exercise rooms, tennis courts and many other facilities that you do not have to pay for. Miami condo development has reached its peak in the last few years together with the high demand for condos. Many condo developers are raising the standards for how a Miami condominium building should look like and the facilities that one can have. For example, there are condo buildings that offer each resident his/ her own private elevator.

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Another selling point for Miami condo development is the fact that there is nothing like a spectacular view to wake up to every morning. Miami condominiums surely offer you that. Whether you weak up and see the bay, or you see the beautiful park next to you or you go to sleep watching all those lights that make Miami special, you know you have made a great investment.

Moreover, when buying a condo you do not have to worry if something broke down, or if your house is a little messy because once you purchase a condo, you will have maintenance, building insurance and repairs just by paying your monthly fee.

Miami condo development is highly linked to the services and advantages that condos offer to everybody. If before a condo was considered more suitable for a single person, nowadays it can be a great place for vacation with your family or even to live there, enjoying all the benefits that Miami condominiums offer. It may seem like a big investment at the beginning, but as time passes by I can assure you that you will see the benefits of owning a condo and be very confident that you have made the right choice when deciding to invest in this market.

For more resources about Luxury Miami Condos or even about Miami Condominiums please review http://www.paramountbay.com

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Try to visualize yourself relaxing on an easy chair, sipping a cup of coffee, and looking out at the majestic mountain views from the balcony of your Denver high rise condo. This reverie may become a reality soon because there are a lot of Denver high rise condos being developed right now. The real estate developers are trying to meet the growing demand for Denver high rise condo residential units that they have started several condominium projects.

With the real estate developers continually augmenting a new high rise Denver condominium to the present number of condominiums, the city skyline is dynamically transforming. In fact, the demand for Denver high rise condos are so high that some high rises are sold out even before they were completed .

For one, you can look forward to the fact that your Denver high rise condo will give you with the best views of the city and the ice capped mountain ranges. It will give you a sense of freedom, a notion of being on top of everything. With large windows that lets in a flood of natural light, you will be presented with a clear view of the Rocky Mountains. While your browsing through this article you can located a lot of information about Foreclosures Denver.

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Select high rises also have outdoor gardens that the residents can ease off or play on during their free time.

A good number of the Denver high rise condos are strategically located and so, you can always expect that gourmet restaurants, shopping centers, and recreation areas are never far away from your home. During the weekend, you can step out from your Denver high rise condo and take that leisure stroll to get to your favorite dining place or shopping complex.

There are bike paths that can be found around the city of Denver and these are the most effective way to discover the major attractions of the city.

As soon as you have moved in a Denver condominium, set high expectations because you are sure going to have delightful and significant moments in Denver.

Please view our website at http://www.Denver-Condominium.com for extra information!

Searching for a Baltimore Home Would Award You the Greatest Place to Reside In
3 Considerations for an Powerful Detroit Condominium Search

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Between March and May of 2010 the number of luxury condominium sales in the Miami area jumped by roughly 12%. This is a substantial sign that consumer confidence has reached a turning point and that the real estate market in Miami is about to rebound.

This is great news for both buyers and sellers because pricing is still holding at a 30% to 40% below traditional pre-construction pricing. In fact, median prices for luxury condominiums have actually declined since only last year by an average of one hundred thousand dollars per home. This means that buyers are getting a lot more “bang for their buck” even as competition for the best sites increases.

It also means that sellers and real estate professionals are going to see some benefits too. For example, while national pricing remains low and sales seem to be somewhat stagnant, the entire Miami luxury condominium market is already into a serious phase of recovery.

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Does this mean that real estate professionals can stop worrying about the markets? No, but it does indicate that trends are heading back to a more realistic and level position. Consider that in the Sunny Isles Beach area the number of sales in April of 2005 was around 200 units per month, and three years later that figure had declined sharply to around 50 units per month. Clearly, this was an accurate reflection of the national real estate problem, but unlike national averages, the Sunny Isles Beach statistics show that by April of 2010 the average number of sales for the city was above the 2005 point and closer to 300 to 400 per month.

This indicates that buyers are savvier than ever. How is that? Consider that many people are “pinching pennies” and this is seen in the frequency in which buyers of luxury condominiums are also renting their property for vacationers to the area as well. This is a further reflection of the general consumer trend to keep vacation costs low by selecting alternative accommodations. The fact that luxury condominiums are available in prime locations and with some of the most impressive amenities available is becoming a “win-win” situation for owners, realtors, and even for vacationers.

The return of some measure of overall consumer confidence is readily seen in the increase of monthly sales of luxury condominiums and the return of a large number of vacationers and travelers to the entire Miami area. It will soon also be seen in median prices heading back to more traditional levels too.

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In Canada a condominium or condo actually refers to a type of ownership rather than a building type. In British Columbia condos can be referred to as strata and as syndicates in Quebec.

Condos can offer the perfect solution for many people, particularly if they want to live in a city. Many condos include features not found in other property types such as recreational facilities, lobby and security features etc.

Although most people think of condos as high-rise residential housing, they can take many forms: low-rise, townhouses, detached houses, duplexes etc. So what sets them apart from other forms of home ownership?

The Unit

The unit refers to the private dwelling within the building that is owned and registered to the purchaser.

Common Elements

Common elements are parts of the building that impact on all unit owners such as the lobby, recreational facilities, laundry facilities, electrical services, gardens, elevators and hallways. The unit owners own these common elements and they are responsible for their operation and upkeep.

Each unit owner is responsible for the ongoing maintenance etc of common elements and their ownership percentage is usually directionally proportional to the size of the unit they own in relation to the building and other units. Therefore someone owning a 300 sq metre unit would own less and therefore contribute less than someone with a 500 sq meter unit.

Board of Directors

Condos have to be registered and then regulated by provincial or territorial legislation and guidelines. When a condominium corporation has been established a Board of Directors is elected to take responsibility for the administration and management of the condo corporation. The Board is usually made up from the condo unit holders and regular meetings take place to discuss relevant issues such as maintenance, repair and financial decisions. Each unit owner has voting rights in proportion to their unit ownership.

Who Owns What?

When you own a condo you own your unit as well as a percentage of the common elements. Unit boundaries can vary by condo, so even if you have owned a condo before, check new purchases as there may be differences. This can be important, as you need to know if you own and are therefore responsible for things such as dividing walls, exterior walls, loft space etc.

The unit owner may be responsible for things like internal plumbing, air conditioning, electrical systems etc that serve only that unit. If the condo is a detached building or duplex, you may be responsible for the entire interior and exterior walls, roof and any surrounding land. It may be wise in this instance to have a professional surveyor look at the property to make sure you know of any potential issues before you purchase.

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As we mentioned common elements are co-owned by all unit holders to varying percentages. You must make sure you know what areas are covered by this component. Usually things such as common plumbing, air conditioning, electrical, roofing, walls, doors and garden maintenance are included.

There is also another type of common element that will impact on your purchase. These are elements that are for the exclusive use of the unit holder, but are outside the boundaries of their unit. This can include balconies, parking spaces, storage units, driveways, private gardens etc. Although the unit holder can use these exclusively, they do not usually own these elements and there may be restrictions on their use such as the type of vehicles allowed in a parking space and the things that can be placed in the garden i.e. no washing lines.

You should always hire a qualified building inspector to look around the whole property before you purchase to make sure there are no major problems ahead. If anything major is found, you can make it a condition of the sale that the item be fixed before purchase.

Freehold v’s Regular Condominiums

A regular condo is much like we have described where the unit owner purchases the unit and has access to and responsibility for common elements. There are often restrictions on what can and cannot be done to the property.

With a freehold condominium you not only own the unit but the structure and land as well. This also means you are responsible for the upkeep, repair etc of these areas. A freehold condo usually allows more freedom for any changes and improvements by the owner.

In certain instances freehold condos can also include common elements such as parking, playgrounds etc. In these cases all unit holders pay a monthly fee towards their upkeep.

Restrictions and Rules

Each province and territory has its own regulations and legislation regarding condo registration, operation and ownership. You should make sure you are aware of the regulations covering your location.

Equally every condo will have its own set of rules depending on the corporation. These can include: number of occupants per unit, noise levels, pet ownership, exterior colour restrictions, and satellite dish erection amongst others.

Condo unit holders will need insurance specifically assigned to condo ownership. Likewise the condominium corporation will also need insurance. You should ask to see a copy before purchasing to be sure it is in place and adequate. Specific requirements vary between provinces and territories.

Sub-letting

Subletting is when a unit owner rents out the unit to a third party. Most condo corporations allow this practice, but if this is your intention, you should check to make sure before purchase.

Costs

It is important when entering into a condo purchase that you are aware of all the costs involved, both for the initial purchase and any on-going costs.

The initial purchase will include: the unit sale price, associated taxes where applicable, utility hook-ups, warranty fees, legal fees, disbursements, land transfer tax and the cost of any upgrades requested. In addition to these costs, you may be responsible for a monthly maintenance fee, property taxes, insurance, mortgage payments, common element fees, utilities and the general upkeep of your unit.

In the event of a shortfall in the condo corporation’s budget or a major unforeseen event, such as the roof falling in, you may be responsible for additional costs. In this instance a special charge is levied against all unit owners. Usually

owners can choose to pay the amount in one lump sum or have the amount spread over monthly payments and added to their normal monthly contribution. If spreading the payments for this type of event is important to you, make sure this option is available when you purchase.

Check Before You Buy

When considering purchasing a condo it is important to know the financial well being of the condo corporation before you commit. It is no good purchasing a condo because the initial fees are lower than others, only to find that there are  insufficient funds to properly maintain the property and you end up paying far more in the long term.

All condominium corporations are required by law to keep annual operating budgets, financial statements etc. You should check these out before purchasing. For resale properties you can check the estoppel or status certificates. These include things such as rules, regulations, insurance information, financial disclosures, management contracts etc.

For a new build look at the disclosure statement. Developers must provide a disclosure statement before the purchase is made binding. The statement includes amenities, features, completion dates, budgets and construction plans.

You should check the condo reserve fund. This is a fund in place to provide financing for any repairs etc. This is where your monthly condo fees will be placed. Make sure there are sufficient funds available should something need replacing, repairing etc.

Your lawyer should be able to get hold of all the relevant documentation and go through it with you to make sure everything is as it should be. It is also worth speaking to potential neighbours to see if they are happy with the condo arrangements. Also speak to the Board of Directors and ask them about the management of the condo and the condo corporation.

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