CondoLawAlberta

  • Buyers
    • What is a Condominium?
    • Is a Condo Right for You?
    • Buying a Condo
      • Choosing a Condominium
      • Collecting & Reviewing Documents
      • Deposit, occupancy fees and other issues
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  • Owners
    • Developer Turnover
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    • Renting & Selling
      • Renting Your Condo
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    • Dispute Resolution for Owners
  • Condo Board
    • What is the Board of Directors?
    • Powers and Duties
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  • Governance & Operations
    • Bylaws
    • Rules
    • Sanctions
    • Repairs & Maintenance
    • Management
    • Termination of Agreements
    • Meetings
    • Insurance
    • Privacy
    • Information and Document Requests
    • Document and Record Management
    • Communication
  • Finances
    • Annual Report
    • Budget & Financial Statements
    • Condominium Contributions (Fees)
    • Reserve Fund
    • Reserve Fund During Emergency
    • Special Levy
    • Operating Account
    • Trust Money and Investments
    • Underestimated Expenses
  • Glossary
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Glossary

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  • Amortization period
  • Annual general meeting (AGM)
  • Annual report
  • Arbitration
  • As built drawing
  • Balance sheet
  • Bare land condominium
  • Board of directors
  • Broker
  • Brokerage
  • Budget
  • Builders' lien
  • Building assessment report (BAR)
  • Bylaws
  • Capital improvements
  • Capital property
  • Cash flow statement
  • Caveat
  • Class of residential units
  • Common property
  • Condominium Additional Plan Sheets (CAD)
  • Condominium board
  • Condominium contributions
  • Condominium corporation
  • Condominium fees
  • Condominium plan
  • Condominium unit
  • Conflict of interest
  • Contemplated litigation
  • Conventional condominium
  • Conversions
  • Converted property study (CPR)
  • Deficiencies
  • Easements
  • Encumbrance
  • Estoppel certificate
  • Exclusive possession areas
  • Extraordinary general meetings
  • Financial statements
  • Freehold interest
  • Group of owners
  • Income statement
  • Interest rate
  • Interested party
  • Interim board
  • Managed property
  • Management agreement
  • Material change
  • Mediation
  • Minutes
  • Mortgage term
  • Mortgagee
  • Notice of Change of Directors
  • Occupancy date statement
  • Occupancy fees
  • Occupancy permit
  • Officers
  • Operating account
  • Operating budget
  • Ordinary resolution
  • Poll
  • Prepayment privileges
  • Principal
  • Proxy
  • Purchaser
  • Quorum
  • Recorded mail
  • Replacement value
  • Reserve fund
  • Reserve fund plan
  • Reserve fund report
  • Reserve fund study
  • Reserve fund study provider
  • Resolution
  • Restrictive covenant
  • Right of way
  • Special general meetings
  • Special levy
  • Special resolution
  • Standard insurable unit description (SIUD)
  • Tenants in common
  • Unit factor
  • Writ of enforcement

 

inspirationLooking for a word that isn’t listed? Check out the Alberta Real Estate Association’s Condo Glossary for more definitions.

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A Project of

Centre for Public Legal Education Alberta

Funded by

Alberta Real Estate Foundation

Territory Acknowledgement

The Centre for Public Legal Education respectfully acknowledges that we are located on Treaty 4, 6, 7, 8 and 10 territories, the traditional lands of First Nations, Métis, and Inuit.

Disclaimer

This website provides legal information for Alberta law only. It does not provide legal advice. Laws may be different in other provinces. Read the full Terms of Use.

  • Owners
  • Buying a Condo
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  • Glossary
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