Important Notice!

On September 1, 2015, our new address will be 4528 – 99 Street, Edmonton, Alberta T6E 5H5. You may also contact us at 780-452-6800.

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Contact Details

4528 – 99 Street
Edmonton, Alberta
T6E 5H5

Ph: 780.452.6800
Alt. Ph: 780.472.7772
Fax: 780.484.6535

Legal Scenario

Condo Special Assessment

"I am buying a condominium in Edmonton. The seller has indicated that there is a Special Assessment outstanding on the condominium and they have asked me to assume responsibility for it."

What Would Andrew Recommend?

Before accepting this obligation, you need to understand the extent of the Special Assessment and work this into the purchase price. For example, you may decide to revise your purchase price to take into account the negative financial impact of the Special Assessment. The key is to make this decision before the purchase, not after, and to consult with your lawyer before making any decision. Remember: It is your lawyer’s job to look after the details – this could be a very important detail.

Meet Andrew Geisterfer Edmonton Real Estate Lawyer

Andrew Geisterfer

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