There are many ways you can enjoy settling into a new condominium. However, dealing with a noise complaint probably isn't one of them.
More residents may be using outdoor terraces, BBQ areas, sporting grounds, or generally having more people over to visit as the weather gets warmer. It's important to know what to do if neighbours are making excessive noise, and interrupting the enjoyment of your new home.
You already own your house, but you have a need to move. Perhaps your family is growing and you need more space. Perhaps you have retired, and you need less space. Perhaps you were relocated for work. Now what do you do? Most people will hire a real estate agent to find another house. There are many people who believe, as do many agents who confirm to them, that buying and selling houses on the same day is an efficient way to complete a transaction. The lawyers at Merovitz Potechin LLP, disagree.
The idea is fraught with danger. Here are 3 reasons why:
Baby boomers (generally those born between the late 1940s to 1960s) are beginning to show signs of downsizing. According to an article in the National Post, their millennial children (generally those born during the 1980s and 1990s) are finally beginning to move out on their own. This means that their parents can finally explore their real estate options now that they have an empty nest.
Most condo corporations have a set of rules and regulations for living in their properties. These rules should be provided to new owners before they take ownership of a unit. They are in place to ensure the continued enjoyment and safety of the property for all condo owners.
A condo declaration, as defined by the Condominium Authority of Ontario, is a collection of documents that allow a condominium corporation to be formed. Sometimes called a "declaration and description," these documents are filed with the land registry office as part of registering the condominium with the province.
In addition to pools, weight rooms, and car cleaning services, more condominiums may soon add electric vehicle charging systems to their list of amenities.
Merovitz Potechin LLP is seeking a commercial real estate lawyer to join our growing team.
The ideal candidate will offer experience assisting clients with a wide variety of real estate matters including buying, selling and refinancing commercial and residential real estate. Previous experience declaring condominiums and with other land development work, including land titles absolute applications, is a valuable asset.
The availability of land and construction costs can be a challenge for developers in Ontario, especially in high-density cities. In Toronto, recent reporting suggests that condominium builders may have an advantage compared to other types of developers. According to real estate consulting group Altus Group Ltd, those building residential units have an advantage because of how much people will pay for space.
Residential buyers in Toronto were reportedly willing to pay $800 per square foot at the end of 2017. This is a significant increase from the average of $600 per square foot a year prior. Condo units can be sold for more based on these figures, increasing their return on investment for developers and allowing the developers to bid more for their projects.
In Ottawa, discussions over the fate of LeBreton Flats have been a much-discussed news issue. The valuable real estate plot in the core of the Ontario city has long been considered as a potential home for a hockey arena. A former mayor of Ottawa has said that he believes the arena will be built, but that residents may remain skeptical until they actually see the project start and finish.
Part of the skepticism of Ottawa, Ontario residents with regard to the arena at LeBreton Flats is how long the issue has been discussed. Three decades ago, the mayor tried to work out an agreement over the real estate with the National Capital Commission, but nothing came to fruition. RendezVous LeBreton Group, which is backed by the Ottawa Senators, has now reached an agreement in principle with the NCC to turn the 21-hectare property into a residential, commercial and entertainment hub.
While most legal activities are allowed within private homes, some landlords take issue with certain activities within their buildings. The upcoming marijuana legalization has become a topic among Ontario owners of rental real estate. Some landlords would like the right to change tenants' leases to ban the drug from their properties as soon as it is legalized. However, marijuana users argue that this would infringe on their rights and limit their ability to find housing.
The question that has arisen in this case is whether these restrictions are legal under rental real estate legislation in Ontario, or if they infringe upon the rights of tenants. It is within a landlord's right to restrict smoking of tobacco or any other substance in a unit. However, it is not legal to change a lease unilaterally before it ends.
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300-1565 Carling Avenue
Ottawa,
ON
K1Z 8R1
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