with Century 21 Advantage
Over the past few years we have seen more and more condominium buildings pop up across Central Alberta. Most people think of an apartment style living as a condo but condominiums come in many forms. Here is the best definition I found for a condo:
Condominium is a form of legal ownership. Condominium ownership combines individual ownership of a living unit with shared ownership of the common property and shared participation in the condominium corporation. Condominium properties can be high-rise towers, low-rise walkups, townhomes, single-family homes, lofts, offices, industrial workspaces, retail shops, recreational facilities, storage facilities, or any combination thereof.
There are lots of questions when buying a condo as you are an owner of just not your unit but a part owner in the complex. Condos are a great lifestyle choice.
If you are thinking of buying or selling a condo and have any questions please feel free to ask.
Thanks for reading
Ken Devoe – Century 21 Advantage