Posts Tagged 'condominium'

No Real Estate Bubble Burst!

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Real Estate Prices have taken a significant increase so the public tends to be concerned “are we going to see the bubble burst”.  I can say with over 36 years experience that Real Estate is still one of the best investments a person/s can have.  The last time the bubble burst was 1990 and compared to today, the market was extremely different.  The condo market is flourishing and we have a variation of buyers and sellers.  The reality is that people ...

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Transient Rental Accommodations Huge Problem

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By:  Linda Pinizzotto,  Founder, President CEO Condo Owners Association

Major problems with short-term rentals;  also know as transient rental accommodations.  Did you realize that all residential condominiums have a declaration that spells out the guidelines for the condominium.   What is really important is clauses related to single-family residence usage because it will prevent residents from rental out rooms to non-family members.  The standard is a one year lease on rental units but there could also be a provision to allow  no ...

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Honest Advertising for Condo Projects

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Honest advertising for condo projects

Transparency key to longevity of industry
honest_advertising_for_cond
Friday, June 14, 2013  Condo Business Part of REMI Network
By Daniel Viola & Michelle Ervin

Toronto condo developers may soon have to adhere to stricter advertising rules.

On April 4, city councillor Josh Matlow brought forward a motion that, if agreed to by the Ontario Ministry of Consumer Services (OMCS), would require developers to ensure that advertisements for proposed condominium ...

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Condo Act Review lobbyist calls for more owners to join the fight

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Condo Act Review lobbyist calls for more owners to join the fight

Mississauga News  Apr 30, 2013     By  Erin Obourn
Mississauga realtor and condo owner’s rights advocate Linda Pinizzotto is in this Ottawa this week as the Ontario Condominium Act Review moves ever-slowly forward, with more and more owners pushing to modernize the current act’s severe shortfalls.

Pinizzotto, founder and president of the non-profit Condo Owners Association (COA), is making waves in the Condo Act Review process, vowing ...

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