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Real Estate Planning
Definitions

Fee Simple
  • highest form of Ownership
  • Minimal restraction
Free-Standing Condominium
  • registered interest in land
  • get an estoppel certificate up front
  • be careful of the definitions of unit, common areas, exclusive use of common areas
  • be careful of common expenses
Land Lease
  • client owns structure and contents
  • Land is leased from individual or corporation
Life Lease
  • Life Tenant has leasehold interest in the unit and the shared use of common facilities in exchange for a lump sum payment, together with an ongoing obligation for common costs
Retirement Communities


Return to: Real Estate Planning

Adrien can send you information on any Property Listed For Sale on the Multiple Listing Service in the Ottawa area. If you would like him to help you locate a home, please fill out his Information Request Form.



Surfing the Real Estate Board's web site or MLS.CA and found a house that you like but doesn't give you the civic address. Adrien can also help. Just fill out his Would like an address form, please !



Or perhaps you are considering selling your home in the near future, he can also offer you a Free No-Obligation Market Evaluation Form.

 


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