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Old 05-05-2016, 07:51 PM   #6019
Tapioca
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When you buy any strata unit, you're not buying just a unit - you're buying a share of the complex. I think when it comes to used condos, you really have to do your homework.

I would suggest going to as many open houses as you can in areas you're interested in to get a feel for the buildings. Also, get your hand on as many Form B's as possible so you can learn and understand how buildings are run, the common issues, and what are reasonable fees. You do not need to have a realtor to get your hands on this information - you can simply ask the selling realtor to email you the document package. If you're lucky, you will find depreciation reports which will give you good insight into how buildings are constructed.
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