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Is now the time to buy a condo in Toronto?

Condo Control

Unfortunately, there are no definitive answers to these questions. Will the condo real estate market continue to plummet? Should interested buyers hold off a little longer to see if they can get an even better deal? However, experts speculate that the market has not hit rock bottom just yet.

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Worst-Case Scenarios: When the Reserves Won’t Cover It

Mem Property Management

A hypothetical emergency could be anything from flooding without having proper flood coverage to fraud or malfeasance on the part of a board member, to massive legal bills because of a board member acting in bad faith and coming out on the wrong side of litigation. Thats why having a plan for such emergencies is vital for any condo or HOA.

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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

The statute introduces the definition of “qualified commercial tenants,” targeting those who require enhanced safeguards in lease negotiations. Ambiguities in certain language provisions could lead to protracted eviction processes and increased litigation between landlords and tenants.

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