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Your Responsibilites as a Condo Owner

July 23, 2009 REAL ESTATE No Comments

The success of a condo largely depends on the level of civility and cooperation of its residents, particularly resident owners. There is agreement among condo experts that residents’ civility constitutes an asset to a condo and can raise its market value. Indeed, potential owners often seek out condos where residents are reputed or observed to be “nice,” polite, and “well behaved.”

In general, owners and residents should:

•respect the right of other residents to live in a quiet and peaceful environment

•maintain their common elements

•do their part in keeping the building and grounds clean and in good working order; in practical terms, this means that residents should not litter, spill food and liquids in corridors or elevators, or use their balconies as storage areas

•learn and follow the rules of their condo

•cooperate with management’s reasonable requests

•attend their AGM and do so in a civil way even when disagreements arise

•provide proxy forms when not able to attend AGM in person

•elect conscientious boards of directors

•consider becoming a board member with a view of helping their community

•treat staff with respect

•save energy

•recycle and participate in green bin programs where available

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