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A Lifestyle Change—Your First Condo Buy
Author:
Marcia Beaton
Publication date:
September 7, 2022
Article Summary:
Purchasing your first condo is an exciting lifestyle change, but it comes with unique considerations compared to buying a detached home. This article from CCI Review offers valuable tips for prospective condo buyers. It advises exploring the property's amenities and associated condo fees, understanding pet restrictions and corporation rules, and carefully reviewing the status certificate for financial health and potential outstanding fees. Additionally, the article suggests investigating parking and storage options and stresses the importance of obtaining personal condo insurance even if the condominium corporation has its own policy.
Keywords:
Lifestyle Change, First Condo Buy, Condominium Ownership, Condo Amenities, Condo Fees, Indoor Pool, Gym Membership, Pet Restrictions, Corporation Rules, Status Certificate, Financial Health, Reserve Fund, Routine Maintenance, Parking and Storage, Condo Insurance.
Source Citation:
Marcia Beaton
A Lifestyle Change—Your First Condo Buy
September 7, 2022
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