Fees, fees and more fees

December 12, 2012

Law Day

Buying a condo? Then you should be extra careful about what the monthly fees will be.

Generally, the status certificate will show what the current fees are. It will also state whether the condo board anticipates any special assessments in the near future. Most realtors will ensure that your lawyer has a chance to review the status certificate before either the conditional period ends, or the title search date, so that you can be sure that you know what will be happening while there is still a chance to change things if you want.


About Cesia

Cesia is a real estate lawyer at Wall-Armstrong and Green, a boutique law firm in Barrie focusing on real estate and estates. When she's not online, she can usually be found in her garden.

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