Location is a major consideration especially when targeting a potential investment opportunity. Get familiar with the area, any existing condo buildings.
What is the 10 day cooling- off period?
Once you have made your Unit selection the builder will prepare an Agreement of Purchase and Sale. Together with the Agreement of Purchase and Sale the builder must give you a Disclosure Statement. Once you receive the accepted agreement of purchase and sale and the disclosure statement for the purchase of a new unit from a developer, The Condominium Act provides you with a 10 DAY COOLING-OFF PERIOD.... |