| Renting Ottawa Condos
While many condominium buyers purchase their units with
the intent of renting it out to a third party, they need to
confirm this through a review of the governing documents and
the provincial legislation of the condominium. Questions that
could be asked during the time a person is choosing a condominium
could concern the unit boundaries, maintenance obligations,
management style, altering the appearance of the unit, insurance
obligations of the owner, if the condominium corporation has
the minimum insurance required for the territorial legislation
and the rules that concern number of occupants; pets, noise,
parking and any other concerns.
Summary: Questions to ask when choosing a condominium
- What are the unit boundaries?
- What will my maintenance obligations be?
- What management style is being used, and am I comfortable
with it?
- What are the rules regarding the allowable number of
occupants, noise, pets, amenities, parking, etc, and how
are these upheld?
- Can I alter my unit’s appearance? If I want to
change something, what procedure do I have to follow to
get permission?
- Does the condominium corporation have the minimum insurance
required by my provincial or territorial legislation?
- What will my insurance obligations be?
Your Guide to Ottawa Condos
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