Tuesday, March 3, 2009

Will you rent that condo? Who do you tell..

Great! Now you have possession of that condo.

You will be paying phantom rent (Mortgage) until the unit is registered, so you are considering placing a tenant into the property for a few years to pay it down.

That seems easy enough, but there are some other practical and legal considerations.

Stan Gelman is a local lawyer for Etobicoke and Mississauga. Stan can be reached at 905 270 5110 or through his website http://WiseLawyer.ca sgelman.sglaw@rogers.com

Your comments and remarks are appreciated and respected.

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