For Owners

Most Condominium Articles you will find will be more geared toward high rise living, but there are many Townhouse Condominium Corporations throughout Ontario. In this article we will give Condo Townhouse residents information about the following:

Repair and Maintenance responsibilities for Condominium Owners is one of the most confusing parts of Condominium Ownership. What is the Corporation’s responsibility? What is Unit Owner responsibility? Owners must be aware of their responsibilities by reviewing the Condominium’s legal documents (often called the Governing Documents). The Corporation’s Declaration will layout the unit boundaries. It is incredibly important that Owners ensure they have adequate insurance coverages. The Corporation insurance policy may NOT cover certain items in your unit and may be subject to a Standard Unit By-law, which is why it is so important that Condominium Owners and their tenants look into their Property Insurance Policy. Determine your responsibilities for maintenance and repairs and confirm the details of the Standard Unit By-law. Once you have confirmed these details, you can reach out to your insurance provider to find the appropriate coverages for you. If you use a storage locker in your Condominium, please inform your insurance provider that some personal contents are being stored outside the unit in a storage locker on the property.