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Buyers Of New Condominiums Should Look Closely At Who is Actually Building Their Condominium

Author: 
Christy Allen and David Lu
Publication date:
February 20, 2019
Article Summary: 

The article discusses a building deficiency claim at a Calgary condominium and highlights the importance for prospective buyers of new condominiums to pay attention to the developer that is actually building and/or developing the condominium, rather than just the advertised trade name. It is common for developers to keep themselves legally separate from the advertised trade name of the development to minimize legal liability, but this can lead to confusion and disappointment for buyers if major building deficiencies arise. It is recommended that buyers pay attention to the Agreement of Purchase and Sale and associated purchase documents, ask questions about the development arrangement, and seek legal advice if necessary.

Keywords: 

condominium, building deficiencies, developer, legal liability, purchase documents, legal advice.

Source Citation: 
Christy Allen and David Lu
Buyers Of New Condominiums Should Look Closely At Who is Actually Building Their Condominium
February 20, 2019
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