The Condominium Management and Administration certificate program is offered in partnership with the Affiliation of Condominium Managers of Ontario (ACMO). If the unit owner is present in cost of each assessments and other financial obligations to the association and any mortgage encumbering the unit as of the date the plan of termination is recorded, the receipt by the holder of the unit’s share of the proceeds of termination underneath the plan or the excellent stability of the mortgage, whichever is much less, shall be deemed to have satisfied the primary mortgage in full.
Some HELOC provides can have a horny … Read More...