Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

  1. Condominium Property Act s. 16 Security deposit

    …r of a residential unit, prior to receiving title to the unit, rents that unit from the developer, the developer may charge the purchaser a security deposit in respect of the unit. (2) A developer shall not charge an amount under subsection (1) in excess of one month's rent for t…

  2. Condominium Property Act s. 14 Payments held in trust

    …acilities for handling waste. (3) A developer or prescribed trustee, as the case may be, shall hold in trust all money, other than rents or security deposits, paid by the purchaser of a unit up to the time that the certificate of title to the unit is issued in the name of the pur…

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