I’m selling my renovated condo suite and I’m being asked by a buyer for permits and records of the work done. What should I do?
Renovations are a popular way to update a tired or dated property, whether for your own enjoyment or as a way to potentially add to a property’s resale value.
It is important to know that renovating a condo is much different from renovating a detached property. Notably, condo renovations must, in many cases, be approved by a condo’s board of directors and follow the condominium corporation’s bylaws, in addition to following the municipal bylaws and provincial codes.
As you note in your question, it is not uncommon for a buyer to include a clause in the proposed agreement (offer to purchase) that the seller of a renovated condo suite warrants that all renovations were completed with the permission and required approvals of the condo board.