A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

Buying a Condo from Plans? Read the fine print...

If You're Buying a Condo from Plans, Read the Fine Print and Avoid Condo Buyers' Remorse...

When you buy a condominium from plans that won’t be built for a few years, the developer has to give you a list of important documents when you sign the sale agreement. These include the rules that will govern the condominium and a budget for the first year, so you can figure out in advance what you will pay for common expenses.

 

You have 10 days from the date the developer gives you that information to change your mind. If you do not cancel, then it is a firm deal.

 

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