Hi again,
Thanks for the responses on my last post.
This questions again pertains to rent to own and I think I might know the answer but best to ask. I own a condo that I live in - primary residence. It hasn`t sold and has been on the market for 6 months. I am considering rent to own for someone but my strata doesn`t allow for rentals. I suppose under the strata act that the rent to own tenant is considered a tenant - not an owner so the only way around this would be to ask for special permission and claim hardship so I would be allowed to rent. If there is a better option than the special permission this would probably be preferrable.
Thank you
Cari-Lee
Thanks for the responses on my last post.
This questions again pertains to rent to own and I think I might know the answer but best to ask. I own a condo that I live in - primary residence. It hasn`t sold and has been on the market for 6 months. I am considering rent to own for someone but my strata doesn`t allow for rentals. I suppose under the strata act that the rent to own tenant is considered a tenant - not an owner so the only way around this would be to ask for special permission and claim hardship so I would be allowed to rent. If there is a better option than the special permission this would probably be preferrable.
Thank you
Cari-Lee