A special assessment for a condo owner in Ontario is a one-time extra charge imposed by the condominium corporation to cover unexpected or extraordinary expenses that go beyond what the regular monthly condo fees can cover. This typically happens when the condominium’s reserve fund is insufficient to pay for major repairs, maintenance, or improvements that are necessary for the common … Read More
Should you get a Will? – The Key Differences between having one and not having one
In Ontario, the key differences between dying with a will (testate) and dying without a will (intestate) are related to how your estate is distributed, the process of handling your affairs, and who is in charge of managing your estate. Here’s a breakdown of the differences: 1. Distribution of Assets • With a Will (Testate): o You get to decide … Read More
How to Fight an Eviction
Fighting an eviction in Ontario can be a complex and stressful process, but there are ways to potentially challenge it if you believe it is unjust or if you have a valid reason to remain in the rental property. Here’s a step-by-step guide on how to fight an eviction in Ontario: 1. Understand the Reason for the Eviction • First, … Read More
Does your lifestyle suit a condo?
Before putting a down payment on a condo, take a look at see if a condo is truly the right fit for you.