Disclaimer: The information contained in the Videos and Notes is based on the Alberta legislation unless stated otherwise. Although many of the condominium buyer needs, concerns, and requirements are the same in all jurisdictions, the condominium legislation and terminology is unique to each Province, State and Country.
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CAPITAL ITEMS OF A CONDOMINIUM
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This video explains the need to accurately identify the Capital Items of a condominium in order to minimize the need for special levies (cash calls). One of the Condo Owners and Buyers greatest concerns is the need for cash calls. Identifying and proactively maintaining the capital items is important if the goal of the condominium is to keep costs reasonable.