New Condo Owners Beware!
Clock is Ticking!
A few condo buildings have been recently registered in Mississauga. In simple words, it means that the builder has formally handed over the units to the respective owners.
The ownership of condominium units has passed from the builder to the residents.
Some of these new condo buildings in Mississauga include Absolute condos (50 and 60 Absolute Ave.), Limelight condos (North and South Tower) and Parkside condos. New condo owners should be act prudently when it comes to builder’s construction deficiencies.
Construction deficiencies at new builder condos in Mississauga
New Condo Owners Note This: As per law, the right to recover damages for builder deficiencies is forever lost unless a claim is made within a 2 year period. Waiting too long is the most costly mistake any new condominium board can make.