在多伦多购买Condo须知(一)

 购买Condo须了解的一些重要词汇:

AGREEMENT OF PURCHASE AND SALE  买卖协议A binding contract that contains all of the terms, conditions and obligations involved in purchasing a condominium suite.

COMMON ELEMENTS 公共设施Property area in a condominium, except the units, that can be used by all unit owners. This may include lobbies, parking areas, recreational facilities, elevators, roofs, etc.

CONDOMINIUM CORPORATION共管委员会 A corporation without share capital, created under the Condominium Act, responsible for the ongoing administration of the property including maintenance and operation of the common elements and property. Most day-to –day supervision is typically delegated to a  qualified property manager.

CONDOMINIUM DECLARATION 共管章程The constitution of the condominium that effectively creates the condominium corporation and sets out the responsibilities of the owners and the corporation. It defines the boundaries of maintenance and details each owner’s percentage share of the overall common expenses.

CONDOMINIUM OWNERSHIP  屋主所有权Ownership of a condominium consists of separate ownership of a specified amount of space(the suite) in a multiple dwelling environment plus tenancy-in-common ownership of the portions used jointly with other owners(the common elements).

DISCLOSURE STATEMENT 发表声明A narrative description of the relevant aspects of the Condominium project. The Statement will contain the proposed Declaration, By-laws, Rules, Management Agreement and Budget Statement. An Agreement of Purchase and Sale is not binding on the purchaser until the copy of the Disclosure Statement is received.

EXCLUSIVE USE ELEMENTS 独家使用设施Areas in a condominium that you have exclusive use of but are maintained by the Condominium Corporation with you maintenance fees.

INTERIM OCCUPANCY 过度期The period of time from the occupancy date to the date of title transfer.

MAINTENANCE FEES管理费 This a monthly charge relating to your share for the maintenance upkeep, administration and insurance for the common element areas. This fee may or may not include additional costs such as heat, hydro and air-conditioning depending on the individual building. Your percentage portion of these expenses is set out in the budget statement usually within your Disclosure Statement.

OCCUPANCY DATE 入住日期 The date established by the Developer upon which you must take occupancy of your home.

OCCUPANCY FEE 入住费The monthly payment, payable by you, for living in your home prior to registration. This consists of your maintenance fees, taxes and monthly interest component.

REALTY TAXES 地税Each suite, including parking and locker units, is separately assessed annually by the City based on current property value. Realty Taxes are the responsibility of each individual owner.

REGISTRATION 注册登记When the condominium’s declaration and description are ultimately registered in the land titles office, following their approval by governmental authorities.

RESERVE FUND 储备基金A fund used solely for major repair and replacement of common elements and corporation assets.

TITLE TRANSFER/FINAL CLOSING 过户Refers to the date after the condominium is registered and upon which you receive title to your home.