General Description of who we are and services we offer Use Our Gold Service Quotation Handy Forms and Links REALTORS WANTED! Receive referrals and assist our Clients with their transactions! Contact Us default page site map
Buyers` Legal Basics First-Time Buyers Newly Built Homes Mortgage Basics Condominium Buyers Sellers' Legal Basics
Use Our Gold Service Quotation
Land Transfer Tax Calculator
Free Parking
Free Status Review
Free Agreement Review
Free Power of Attorney
Free Will Review
Electronic Registrations
Automatic Title Insurance
Evening & Weekend

  Family Law
  Business Law

Other Legal Services


What Your Corporation Covers

Your condominium corporation is required by law to insure individual units and the common elements of the building against major perils to cover replacement costs.  Your condominium also will have public liability insurance with respect to any common areas.  If there is an incident covered by your condominium’s insurance of the building, proceeds of the insurance policy will be paid to a trustee pursuant to an insurance trust agreement with the condominium corporation.  The trustee will then disburse proceeds appropriately.  The condominium corporation’s insurance will not cover the replacement costs of any contents or improvements you have made to your unit.

What Insurance You Need

You alone are responsible for arranging insurance coverage to protect your contents and improvements or to protect you against a third party liability claim arising within the confines of your condo unit.  Your condominium corporation’s insurance will not cover you in these areas.  However, most insurance companies offer specific comprehensive insurance packages for condo unit owners to fill in for insurance not covered by your condo corporation.


previous | next | print article

| February 23, 2004 |
CMHC Makes Finding Down Payments Much Easier
As of March 1, 2004, home buyers will have a wider choice in what they can use for a down payment. [more...]

| February 1, 2004 | Moves to Larger Offices
As of February 1, 2004, has moved to new and larger offices to meet the growing needs of our clients. [more...]

| November 15, 2003 |
Housing Starts Up Again
The seasonally adjusted rate of housing starts rose in October 2003 to the second highest monthly level in 12 years, as reported by the Canada Mortgage and Housing Corporation (“CMHC”). [more...]

| read our archive |

keep you up to date
about our new articles, events, special offers and discounts. Subscribe now!



    Profile | Free Quote | Handy Forms & Links | For Relators | Contact Us    
Buyers' Legal Basics | First-time Buyers | Newly Built Houses | Mortgage Basics | Condominium Buyers | Sellers' Legal Basics

© 2014
a division of DoAble Solutions Inc. and an affiliate of Zeidman Law Offices
By viewing pages on this site, you agree to our terms of use