A recreational agreement will allow one of the following:
- owners to use recreational facilities not located on the condominium’s common property or
- non-owners to use the recreational facilities located on the condominium’s common property
Before you buy, review any recreational agreement that exists. Consider whether it fits your needs and lifestyle.
Are there recreational facilities on the premises? Make sure to review any related bylaws or rules. For example, the fitness centre or pool may only be open certain hours. Will these hours work for your schedule?
Planning to use the recreational facilities? Consider if the complex fits you and your budget. Condominiums with recreational facilities tend to have higher condominium contributions than those without.