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Difference between revisions of "Buying a Condominium"
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Some condominium complexes in BC are not strata corporations and are not governed by the ''[http://www.bclaws.ca/civix/document/id/complete/statreg/98043_00 Strata Property Act]''. Some apartments, townhouses and duplexes operate under various legal frameworks such as housing societies, privately owned rental buildings or others. This also occurs on first nations reserve lands, where provincial property law doesn’t apply normally. '''You should get legal advice to ensure that you know what you are offering to buy'''. | Some condominium complexes in BC are not strata corporations and are not governed by the ''[http://www.bclaws.ca/civix/document/id/complete/statreg/98043_00 Strata Property Act]''. Some apartments, townhouses and duplexes operate under various legal frameworks such as housing societies, privately owned rental buildings or others. This also occurs on first nations reserve lands, where provincial property law doesn’t apply normally. '''You should get legal advice to ensure that you know what you are offering to buy'''. | ||
For more details on condominiums, check script 401, called “Owning a Condominium”. It explains several topics including common property, limited common property, the strata plan, the strata corporation, the strata council and insurance. | For more details on condominiums, check script [[Owning a Condominium (Script 401)|401]], called “Owning a Condominium”. It explains several topics including common property, limited common property, the strata plan, the strata corporation, the strata council and insurance. | ||
==What should you consider before making an offer to buy a condo?== | ==What should you consider before making an offer to buy a condo?== | ||