🏢💼 Condo Living 101 - Know the rules before you move in! Buying or already living in a condo or strata? 🏠 There’s a unique set of rules that govern these communities, and understanding them can make all the difference! We’re diving into the Condominium Act, Declaration, By-laws, and Rules — the big four that shape every Ontario condo. 1️⃣ The Act - Sets the legal foundation, rights, and responsibilities for everyone in the condo community. 2️⃣ Declaration - Outlines who owns what, and details the essential “house rules” of your condo corporation. 3️⃣ By-laws - Community-specific rules to keep everything running smoothly. 4️⃣ Rules - Custom regulations, from noise levels to pet policies, often tailored to the condo’s unique needs. ⚠️ Pro tip: Violations can lead to fines or legal action, so it pays to know these docs well! Want to understand more? Check out Stratastic’s latest Insight on the rules that keep condo life harmonious and hassle-free! 🖥️ #CondoTips #HomeownerKnowledge #CommunityManagement #Stratastic
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