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Condominium Ownership: What You Need to Know

Author: 
CAO
Publication date:
November 21, 2022
Article Summary: 

The blog provides an overview of condominium ownership in Ontario, Canada. It explains the differences between owning a condo and owning a house, including the shared ownership of common elements and the responsibilities of the condominium corporation. The article also provides information about the financial obligations of owning a condo, including common expenses, special assessments, and reserve funds. The blog outlines the importance of understanding the rules and regulations of the condominium, as well as the importance of maintaining a good relationship with the condominium corporation.

Keywords: 

condominium ownership, Ontario, shared ownership, common elements, responsibilities, financial obligations, common expenses, special assessments, reserve funds, rules and regulations, and relationship.

Source Citation: 
CAO
Condominium Ownership: What You Need to Know
November 21, 2022
https://www.condoauthorityontario.ca/condominium-living/condominium-ownership-what-you-need-to-know/
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