If you’re planning to sell your condo, you have the option of engaging a real estate professional or selling it on your own. Whether you’re planning to sell your condo with or without the assistance of a real estate professional, always consult a real estate lawyer to ensure all of your legal obligations are met.
If you plan to hire a real estate professional, visit Selling a House or Condo on Real Estate Council of Alberta’s website. It will guide you through the selling process when you’re working with a real estate professional.
Information You Must Give
If you are planning to rent your condominium unit, you are responsible for providing the condominium board with certain written information. The condominium board cannot prevent you from renting your unit but they are legally entitled to the following.
Read MoreSecurity Deposits
The condominium corporation has the right to ask you to provide a security deposit if you are renting your unit. The security deposit is intended to cover any damage to the common property or exclusive use areas caused by your tenant.
Read MoreKnow Your Bylaws
Tenants are required to follow the condominium’s bylaws during their tenancy and they should have access to a copy of the bylaws. As a responsible landlord, you should familiarize yourself with the bylaws so that you can properly advise the tenant.
Read MoreCondominium Board’s Right to Evict
The Condominium Property Act gives the condominium board the power to evict a tenant who has caused damage, other than normal wear and tear, to the common property or any other property of the condominium corporation.
Read MoreApplication for Immediate Eviction
There are certain cases where a condominium board can go straight to court and request an immediate eviction order. A condominium board can make an application for immediate eviction if a tenant.
Read MoreOwners Can Also Evict Tenants
The owner of the condominium unit also has the power to evict if the tenant has committed a substantial breach under the Residential Tenancies Act. More information about evictions can be found by visiting Laws for Landlords and Tenants in Alberta.
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