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Apr 25, 2018

Tarion’s Adventure into Residential Condominium Conversion

By: Leor Margulies

Effective January 1, 2018, builders backed by Tarion will be providing new home warranties for residential condominium conversions as a result of amendments to the Condominium Act. As a result, any project whose first agreement of purchase and sale was sold to an arm’s length purchaser after January 1, 2018, will be required to adhere to the new procedures which are dealt with in detail in Tarion’s Bulletin 51.



Related Practice Areas

Commercial Real Estate Law

Keywords

Pre-Existing Elements Fund  |  Capital Replacement Plan  |  Property Assessment Report  |  Non-residential  |  Conversions  |  Amendments  |  Commercial Real Estate

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