Abz
New Member
Has anyone heard an estimate of when this will be done. Wondering if occupancy will happen by next summer . How much advance notice must they give buyers before occupancy?
As of last weekend 2nd floor occupancy is done and PDI is at 5th floor. Occupancy will keep at speed of 1 week per level for now.Has anyone heard an estimate of when this will be done. Wondering if occupancy will happen by next summer . How much advance notice must they give buyers before occupancy?
Really? It was in the agreement that we have the right to lease thoughBuilder giving very hard time to rent the unit out .Seems like they don't want anyone to lease it at all. Most of the buyers investors .Very confusing
.Occupancy fees are very high as well due to high interest rate
Do you know how far in advance they let you know about your occupancy date?As of last weekend 2nd floor occupancy is done and PDI is at 5th floor. Occupancy will keep at speed of 1 week per level for now.
Less than a month. I emailed and asked about the 90 days rule and customer care replied:Do you know how far in advance they let you know about your occupancy date?
You can but you have to pay first 2500+HST fee plus 850+HST legal fee, the need to provide tons of files including a clearance certificate from sheriff , tenant residency history and reference letter, 2mil insurance with builder name co insured, employment letter and pay stub, credit report plus 14 days condition for their lawyer to review tenants and need to add a few terms into the lease also.Really? It was in the agreement that we have the right to lease though
Wow! And did they inform you via email or by registered mail?Less than a month. I emailed and asked about the 90 days rule and customer care replied:
Typically, Tarion requires a builder to provide a 90-day notice period. However, in situations covered by the unavoidable delay provisions, such as the ongoing challenges posed by the COVID-19 pandemic, the standard 90-day notice requirement does not apply.
As outlined in the Tarion addendum (Page 4 of 12, Section 5 C), in cases of "unavoidable delay," we are committed to providing you with a brief description of the delay, its conclusion, and a new statement of critical dates. This information has been provided to you no later than 20 days after the delay has concluded.
Wow! And did they inform you via email or by registered mail?
That’s crazy!You can but you have to pay first 2500+HST fee plus 850+HST legal fee, the need to provide tons of files including a clearance certificate from sheriff , tenant residency history and reference letter, 2mil insurance with builder name co insured, employment letter and pay stub, credit report plus 14 days condition for their lawyer to review tenants and need to add a few terms into the lease also.
I drove past there and it didn’t look very finished either , still has a fence around so it guess it will take a long time for final closeYep !Very crazy !But also it is impossible to keep the unit without renting it out. Occupancy fee for 1 bedroom is around 3500$. And it might take around 12 month till unit is in your possession.
Just regular emailWow! And did they inform you via email or by registered mail?