“A Real Property Report
with Municipal Compliance Doesn’t Prove a Suite is Legal.”
Are you looking to buy a property with a secondary suite? Ideally, you want to buy properties with legal secondary suites. But guess what? A Real Property Report doesn’t prove a suite’s legality in Alberta.
Download the audio file HERE. Download the handout HERE. (control click or right click + save as)
Podcast Episode 44:
“Illegal Suites Are Everywhere.“
People often add onto or subdivide their properties, which can make diligence tricky for investors. Did the seller have a permit for a secondary suite? If so, did they actually build what they were supposed to? You need to figure these things out before purchasing or else you might not be able to use that extra suite.