Just who are we anyway?
The advantages of buying a condo
What to expect from your lawyer.
Your realtor's role.
Bylaws and Rules
Is it a Condominium or a Strata?
Vancouver Island Strata Owners' Association
These Topics Coming Soon
Talk to the owners.
What to ask the Strata Council.
Looking at the minutes.
Budgets - why they are so important.
Buying from a Developer
Building Inspectors
| Your realtor's role |
| Realtors
sell property. They work for people who are selling their
condominiums or strata property. They are not paid by you (the buyer). A person selling property may not reveal any negative aspects of the condominimum or assist with a detailed evaluation of the financial statements. Nor is it likely that they will go over the minutes with you in detail or scrutinize the bylaws to make sure the strata lot fits your expectations. A realtor will provide you with a document called a form B that discloses basic information about the property on a given date and they will help you obtain the minutes of the strata corporation's meetings. The realtor is expected to provide you with these documents but they are not required to help you understand them. Realtors provide a valuable service to the person who is selling the property and as good sales people they will work hard to sell you a condominium. |