CALGARY DREAM HOMES

REAL ESTATE BLOG

 

Stewart J Lowe (Stu) 

Direct: 403-850-0669

JEFF TINCHER | MONTHLY MARKET MINUTE

Thanks Tinch, it's not as bad as people think, people are still picking up some nice homes at good prices.

The Estoppel Certificate


THE ESTOPPEL CERTIFICATE

According to the standard Alberta Condominium Property Purchase Contract (the “Contract”), a seller is responsible to pay, among other things, condominium contributions up to and including the Completion Day and any special condominium assessment contributions passed by resolution on or before the Completion Day.


It is critical to ensure that a seller is up-to-date on the condominium contributions for their unit as any unpaid contributions carry with the unit – not with the owner. 


READ MORE


#condoestoppels  #estoppelcertificate

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