Buyers are largely responsible for determining that the property they are buying is suitable for their needs. This is the doctrine of caveat emptor, or “buyer beware”. Still, vendors are obligated to disclose certain matters about the property to the buyer. Included in the seller’s warranties in article 6.1 (h) of the standard AREA contract …
Stigmatized Properties: Buyer Beware or is Full Disclosure Required? Read More »
The Government of Alberta is considering amendments to the Condominium Property Act, after a recent public consultation. A number of condo issues are being considered, including:.Protection for buyers.Insurance for owners and the corporation.Repairs.Records.Dispute resolution.Board governance and condo management The Act was last amended in 2000, so this impacts many Albertans, as the Alberta Real Estate Association …
The Government of Alberta’s Plan to Protect Alberta Condo Owners Read More »
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