Who do I send my monthly condo fees to?
Upon closing, you will fill out a pre-authorized payment form with your lawyer that is submitted to the condo management company.
What should I do if my rent amount is less than what was stated in my agreement?
Please forward a copy of your lease to invest@trumanhomes.com for review. If the total rent amount is less than the estimated amount outlined in your contract and all other terms and conditions [...]
When and how do I start receiving my Rental Guarantee payments?
Empire 81, the property management company, will reach out to you 1-2 weeks after closing to obtain your banking details for your rental guarantee payment and answer any questions regarding your [...]
Who do I contact for unit appraisal?
The Appraisal Institute of Canada (AIC) is Canada’s leading real property valuation association with over 5,600 members across the country and around the world. Click here to use the online [...]
Can you send me the statement of adjustment for this project?
The statement of adjustment is sent to your lawyer and is provided up to 60 days before closing. Please contact your lawyer, as they will have the information you need.
Can the price increase at closing?
There is no escalation clause, the price will not increase on closing.
Are there any hidden fees on closing?
No. There are no hidden costs such as levies or transfer taxes. One big advantage in Alberta is that there is no land transfer tax or sales tax. Your purchase price does not include GST, unless [...]
What is the estimated property tax for my unit?
Refer to the property tax calculator for an estimate here: https://www.calgary.ca/pda/assessment/revenue-neutral-policy-and-calculator.html?redirect=/taxcalculator
What type of insurance do I need?
If you purchased a condo or townhome, you require condo owner content insurance. If you purchased a single-family home, street town or duplex, you require full property coverage insurance.
Am I allowed to assign my purchase?
You may request an assignment; however, approval will depend on the specific project and the stage of its progress. Reach out to your sales agent to start the process and obtain the necessary consent.
