Stories tagged with "Private Residential Property"

Regulatory Changes for Private Residential Property

Enhanced Sales Documentation Requirements

What developers must now show in sales documents:

• Structural walls - These are load-bearing walls that cannot be removed or modified. Buyers need to know where these are located to understand renovation limitations
• Refuse chambers - The designated areas for trash collection/disposal within the development

Why this matters: Currently, buyers may purchase a unit without knowing exactly which walls are structural or where waste management areas are located. They might plan renovations or assume certain modifications are possible, only to discover later that structural walls restrict their options or that refuse chambers are near their unit.

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