Buying sponsor apartments pays off for Birchwood House.
Buying sponsor apartments pays off for Birchwood House.
You hear a lot of horror stories about physical defects in newly constructed condos, but not so much about boards taking over from sponsors and then discovering irregularities.
Corporate documents will spell out if a sponsor can hold on to rental units or is required to sell them to independent purchasers.
It’s up to new owners to read the fine print.
Give him the boot.
Lynn Van Den Hende talks about the struggles of dealing with an uncooperative sponsor.
The fallout when the developer won’t fade away.
Sponsors cannot do whatever they want when it comes to alterations.
A meritless claim could end up costing your building.
Why would a board want a sponsor to fix the defects he left in the first place?