If I sell my condo before a settlement, will I still get my share?

The strata is only able to pay out settlement funds to owners who are on title the date the settlement is approved.

If you sell and wish to retain your right to collect a portion of any future settlement funds, you would need to negotiate this with the buyer and you will need to seek advice from your own lawyer on how best to achieve this outcome.

Published by

Your PP2 Residential Committee

PP2 President until June 2, 2022.

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