Time to dig deeper

Calgary Herald - Calgary Herald New Condos - - Front Page - — Marty Hope

There’s more to buy­ing a condo than ap­pears on the sur­face, says the pres­i­dent of the Cal­gary Real Es­tate Board. “The first step is to re­ally un­der­stand what condo own­er­ship means,” says Bon­nie Wegerich. “By pur­chas­ing a condo, you be­come a part-owner with oth­ers in the com­plex in re­gard to com­mon el­e­ments — such as the ex­te­rior struc­ture and com­mon ar­eas and ameni­ties like hall­ways and swim­ming pools — and op­er­a­tion costs are shared by all,” she says.

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