In a Toronto townhouse development, 22 unit owners are living in condos registered to someone else — their real estate lawyers were not showing due diligence, writes Bob Aaron. |
Ultimately, the title insurers for the buyers will have to spend the
tens of thousands of dollars necessary to exchange all 22 deeds, and
discharge and re-register the mortgages on each unit. https://bit.ly/2HEudiR |
Despite the frequency of complaints I receive about elections and vote
rigging in stratas, I have yet to come across a case of proven voter
fraud in any strata. |
My investigations into such complaints usually reveal that the winners
are simply better than the losers at getting votes and proxies. While
it is certainly true that strata general meetings sometimes have
“voting irregularities”, those irregularities are usually small enough
to have had no impact on the outcome of a particular vote. https://bit.ly/2GO43xR |
Well, my experiences show that condo election rigging is far more common than owners realize. |
If the election irregularities
did not change the results of that election in Peel Region, a condo
board's attempts to remove a properly elected director in York Region
shows the extremes that a condo president and the property managers
went in trying to remove a director they did not want on the board. —CondoMadness https://bit.ly/2HY7DoE |
Ontario Real Estate Association' s action plan for cannabis legalization. |
With respect to the issue of recreational cultivation, OREA supports the Canadian Real Estate Association’s (CREA) position that no personal cultivation of cannabis be allowed inside homes and any provisions related to indoor personal cultivation be removed from the legislation and regulations. |
This position is also supported by the Canadian Medical Association, Canadian Association of Chiefs of Police and the Canadian Federation of Apartment Associations. |
Problems for condo owners include higher electrical and water costs, mould and odours. Liing next to a condo growup can seriously affect your safety and lower property values. |
After failing to convince the city of Sudbury to provide more than $9 million in incentives and a personal loan, the man behind the Brewer Lofts development on Lorne Street has put the building up for sale. |
Can
this site support 50 condos up in Sudbury? Most likely not. Older
detached houses sell for less than what condo apartments sell for. (I know because I bought a house in Sudbury last summer.) —CondoMadness https://bit.ly/2KebLPJ |
Hamilton city councillors have a novel idea to ease the city's affordable housing crisis. They want people to consider living at the mall. |
City council's general issues committee voted Wednesday to encourage developers to build apartments and condos at Hamilton's major commercial centres, namely shopping malls. |
Why? Lime Ridge Mall is the largest property taxpayer in the city, far ahead of Stelco and ArcelorMittal Dofasco |
Two things here. One; this is not a
novel idea; other cities have been doing this. Two; if Hamilton thinks
it has to keep a shopping mall healthy, then that is not good news for
independent street-front retailers.—CondoMadness https://bit.ly/2HjUW4b |
Called the Toronto Tree Tower Project, it promises it will be one of
the most environmentally-friendly and sustainable pieces of
architecture in the world. http://bit.ly/2FNfrVV |
Six residents of the St. Tropez condominium located on Manhattan's
Upper East Side, filed a lawsuit against two board members of the
association stemming from a rooftop facade collapse on 07 December
2015. The incident resulted in hundreds of bricks falling over 30
stories, and caused the evacuation of both the St. Tropez and a
neighboring building, as well as the closure of five city blocks for
nearly a week. |
The suit alleges that despite “the threat of public safety and to the
unit owners” presented, then-president Christopher Klein and then-vice
president Sandeep Patel “failed to take any concrete steps to repair
the facade collapse,” regardless of ongoing terrace and pool closures
and an incident last August when a brick fell from the rooftop onto a
parked car below. |
Dear Residents, Please be advised that Mr. Daryl Christoff, Leader of the The New People’s Choice – Party of Ontario, will be door to door canvassing on Thursday March 15th, 2018 between 11 a.m. to 2 p.m.—in accordance with municipal, provincial and federal laws and the Rules and Regulations of the Declaration. |
Mr. Christoff will be accompanied by a member of the building team. |
Thank you, Management |
The article should have
mentioned a rise in the number of fake food delivery persons, who carry
"food bags" who try to get into condos. |
The median household income in Vancouver and Toronto is a little less than $80,000 a year, according to Statistics Canada. CMHC would be the primary lender. (So a family making less than $80,000 or so will be left out.) |
Another rent short-term rental gone wrong report. http://bit.ly/2tLOxw8 |
Why SAGE X? • Fully Furnished including all Furniture & Appliances • Pricing from the $225,990s • Literally Steps to Wilfred Laurier University • Eight Minute Walk To The University of Waterloo • Located in a city 98,000 post-secondary students |
The
playground equipment was known to be unsafe and the HOA had only
$2million in insurance. The owners need to come up with $18 million. |
I guess the homeowners may try
to sue the directors for failing to inform them of the offers to settle
but I can't see them suing the HOA as that is themselves. |
Also, he rented for a couple of months first before leasing a unit. Some very good ideas here for setting up a retirement home. |
3 people injured in apartment fire at Yonge and Sheppard Two people were taken to hospital early Monday after a fire in a 20th-floor unit at a highrise residential building in the north end of the city. |
Emergency responders were called to a building on Forest Laneway, in
the Yonge Street and Sheppard Avenue area, shortly before 6:15 a.m. |
Investigators are working to
determine the fire's cause and origin. Toronto Fire inspects highrise
buildings once a year, Pegg said, and this one had been inspected in
January. It was found to be in compliance with the fire code, he said. http://bit.ly/2p5a661 |