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Condo 202 Strata Law, an eye opener!

I have just completed “Condo 202” which is an advanced Strata Law course. Strata Law is so complicated and there are many things that can be missed when buying or selling a condo, or town home or even a home on “Freehold Strata Land”. Something as simple as purchasing a downtown condo in a “mixed use” building (residential & commercial) can bite you if it has not been sectioned. A good example would be a coffee shop on the ground level. The water bill is being shared by all the owners in the building. Guess who uses 90% of the water? Yes, the coffee shop and you could be paying part of their water usage.Another example would be mixed condo/town home development that has not been sectioned. Is it fair that the town home owners have to pay for a new elevator for the condo building? Or the condo owners to have to pay for all the roofs on the town homes to be replace. These are a couple of the very shocking examples of what I learned.This is very scary so a referral to good lawyer or a notary to help read the strata plans and documents is a must!