Is The Condo Preconstruction Deposit Safe?

Saturday Mar 28th, 2020

Share

I have already written about condo project cancellations and there have been a number of them in the last few years. Every time a unit is purchased a deposit is made, are these funds safe? There are number of safeguards in place to protect the buyers and their deposits. Tarion offers condo deposit protection up to $20,000, but as we know most deposits would exceed this amount by a large margin. The developer of the new condominium project must be Tarion registered and must enter into... [read more]

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/

phone email