Page 34 - Condominium Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Article content My wife and I lost our dream house recently, a 150-year-old home in Carleton Place. The home has been lovingly maintained in much its original condition, complete with beautiful old-fashioned hardwood floors that creak in just the right spots. Unlike many similar homes whose charm has been destroyed over the years by supposedly modern updates such as new carpet or slick plastic laminate flooring, this home has a magical energy that doesn’t exist in modern homes. But we lost it because we insisted on a home inspection if our offer to buy it was accepted. We apologize, but thi...

Toronto woman's life savings in limbo as new owner of townhouse development refuses to honour agreements Dozens of pre-construction buyers are in limbo after finding out their developer transferred the Richmond Hill, Ont., project's land to another company last summer and the new owner is refusing to honour their existing purchase agreements. Social Sharing

Kimberly S. Tague is a lawyer at Strassburger McKenna Gutnick & Gefsky in Pittsburgh, who focuses on real estate law and commercial and civil litigation. In addition to her law practice, Ms. Tague is a licensed real estate broker.

Dear Poliakoffs, Our HOA declaration of covenants states that any "Special Assessment in excess of Twenty-Five Thousand Dollars ($25,000.00) shall require the consent of a majority of the votes of Members present and entitled to vote, in person or by proxy, at a duly called special or annual meeting of Members." Are special assessments also addressed in Chapter 720? If so, where? Also, if there's something in Chapter 720, what takes precedence, our covenants or Chapter 720? Signed, H.S. Dear H.S., The HOA Act, Chapter 720, Fla. Stat., provides very little guidance with respect to special ass...

To print this article, all you need is to be registered or login on Mondaq.com. Up until now, developers have been able to input the costs of existing bonusing by-laws (i.e., development charges and parkland by-laws) into their pro forma when the amount has been finalized. However, these amounts have been dependant on individual ward councillors, whom have been given great amounts of discretion by their municipalities. The result has been varying amounts of charges and a degree of unpredictability, even for adjacent lots. The new community benefit charges regime provid...