Condo Agreements

In most parts of Canada, they are called condominiums, except in British Columbia, where they are referred to as strata, and in Quebec, where they are referred to as syndicated condominiums. [10] The Brentwood Village urban complex in Edmonton, Alberta, was the first condominium development in Canada (registered in 1967). For ordinary condominiums, the owner of the unit usually owns the internal unit and a share of the company; the company owns the exterior of the building land and the community area; In the case of a condominium, the owner owns the land and building and the company owns common roads and equipment. [10] The Canadian Condominium Institute is a not-for-profit association of condominium and business owners with chapters in each province and territory.