Purchasing from Developer

If your client is purchasing from the developer, fees have yet to be levied against the property.

Fiscal year is January 1 – December 31 each year.

Please visit the Financials section above for the amount of current year fees.

The HOA requires new owners to complete and submit an Owner Information Form

 

Purchasing/Selling from Builder or Person(s)

Fees have been levied against the property.

Fiscal year is January 1 – December 31 each year.

Information regarding the status of account will only be provided by Core Real Estate Group via Estoppel. Similar to a condo Estoppel, the document will outline the fiscal year, current year fees, status of account and if Legal has been contacted. 

An estoppel helps to ensure that the HOA receives and bills the correct owner(s), subsequently reducing interest fees on an annual basis. Furthermore, this allows for all parties in the transaction to have the same information and document, reducing confusion and saving respective legal team’s time in communication to the HOA. Ultimately, it is to protect your clients. 

To order an HOA Estoppel, please visit www.coremanagement.ca click ‘Condo/HOA Docs’ in the top right corner and it will redirect you to Condo Papers. From this page, you can search for the community, Rosenthal, along the right-hand side of the page.

Please note that documents require preparation in our office and will be emailed to you once it is complete.

The HOA requires new owners to complete and submit an Owner Information Form

 

The Article of Association for Rosenthal HOA requires all Homeowners to notify the Association of all ownership changes.