Download the Minto Home Care Guide - Condo
Download the Minto Home Care Guide - Condo
Download the Minto Home Care Guide - Condo
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How will <strong>the</strong> project be managed afterwards?<br />
The Board of Directors elected by <strong>the</strong> owners at <strong>the</strong> turnover meeting will take over<br />
management after one year. At that time, <strong>the</strong> Board can elect to ei<strong>the</strong>r hire a new<br />
management company, or to self-manage.<br />
How do I make a complaint regarding maintenance or management?<br />
How are <strong>the</strong>y handled?<br />
All complaints should be made in writing to <strong>the</strong> Board of Directors. A log is maintained<br />
by management in which all complaints are entered chronologically. A record is kept<br />
of <strong>the</strong> actions taken.<br />
Who maintains my unit?<br />
You do.<br />
Who maintains <strong>the</strong> common elements?<br />
The management company does, on behalf of <strong>the</strong> <strong>Condo</strong>minium Corporation.<br />
Is <strong>the</strong>re a Builder’s Warranty?<br />
There is a Builder’s warranty on your unit eff ective for one year from interim closing<br />
date, governed by <strong>the</strong> Tarion Warranty Corporation. In addition, certain elements<br />
of construction are covered for a longer time period as explained in <strong>the</strong> Tarion<br />
warranty documentation which will be provided to you before closing.<br />
What happens in <strong>the</strong> event an owner refuses to pay <strong>the</strong>ir share of common expenses?<br />
The Board of Directors can impose a lien against <strong>the</strong>ir unit and bring a personal<br />
action to collect <strong>the</strong> sums due. In <strong>the</strong> event <strong>the</strong> unit owner still does not pay, <strong>the</strong><br />
<strong>Condo</strong>minium Corporation can sell <strong>the</strong> unit under a power of sale proceeding.<br />
Do I need a lawyer?<br />
Yes, just as you need a lawyer when you buy a freehold home.<br />
What insurance coverage is provided on <strong>the</strong> condominium project?<br />
Full replacement value on <strong>the</strong> building against fi re and comprehensive general liability<br />
policy. The Board of Directors may place additional insurance if <strong>the</strong>y feel it is desirable.<br />
Do I insure my furniture and o<strong>the</strong>r personal belongings in my unit?<br />
Yes, <strong>the</strong>se are not covered by <strong>the</strong> condominium’s policy of insurance. In addition, you<br />
must insure for public liability and for any improvements you make to your unit.<br />
FAQ’s continued …<br />
Here are some examples of Frequently Asked Questions by homeowners<br />
just after closing, and during <strong>the</strong> fi rst year of occupancy. Please contact<br />
us if you have a question that is not listed here.<br />
Is all <strong>the</strong> work from my Pre-Delivery Inspection (PDI) going to be done prior to closing?<br />
Not necessarily. We strive to complete as many items as possible, but some items may<br />
still be outstanding, which you should include on your 30-Day Report. There are several<br />
reasons why we may not be able to complete all items reported at your PDI, such as:<br />
• Timing: we may be unable to schedule <strong>the</strong> appropriate trade to have <strong>the</strong><br />
work completed if <strong>the</strong>re is a short time frame between <strong>the</strong> PDI and <strong>the</strong><br />
closing day