Understanding your requirements
Whether your new home is for you or an investment property, we congratulate you on your purchase.
It is important that Onyx has details regarding your unit including property contract information, details relating to the safety of all occupants, and whether you have a pet that will need some additional attention during an emergency, just to name a few.
There are different requirements as well if you plan to have a tenant in your unit.
Owning investment properties can be an exciting and a rewarding journey. However, when you own units within a condominium corporation, specific requirements must be followed to ensure governing compliance and that your tenant(s) support harmonious community living by following the rules of the corporation.
Or email: firstname.lastname@example.org
Under section 83 (1) of the Condominium Act, a landlord must provide the following to the condominium corporation within 10 days of entering into a lease agreement.
Notice that a tenant has rented your unit.
Your tenant’s name.
A copy or a summary of the tenancy agreement.
Onyx provides unit-level property management services through our residential division. We take care of everything so that you can focus on what matters such as, growing your business, investment portfolio, or spending time with friends and family.
If you need insurance for your condominium or your tenant needs insurance reach out to our vendor partner Apollo for great rates and even better service.
The Condominium Authority of Ontario (CAO) is an excellent resource for understanding the requirements of the owner (landlord) and the tenant.
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