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Is now the time to buy a condo in Toronto?

Condo Control

Investors buy with the intention of profiting from the property, but with the higher interest rates and lack of growth in the rental market, they may have a hard time breaking even right now. More inventory on the market When bidding wars were common, buyers were competing for small units that were cheaply made and overpriced.

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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Commercial Lease Agreement Rules Have Changed Overview of Legislative Changes The implications of this law encompass foundational alterations in lease agreements, especially concerning rent adjustments, lease termination notice periods, and the stipulations regarding the pass-through of operating expenses, i.e., property taxes.

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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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