In Alberta, what document must be registered at the Land Titles Office to create a condominium development?
Correct Answer
D) Condominium plan
Under Alberta's Condominium Property Act, a condominium plan must be registered at the Land Titles Office to legally create a condominium corporation and establish individual unit ownership. This plan shows the boundaries of each unit and the common property areas.
Why This Is the Correct Answer
Under Alberta's Condominium Property Act, a condominium plan is the specific legal document that must be registered at the Land Titles Office to create a condominium development. This plan establishes the condominium corporation, defines individual unit boundaries, designates common property areas, and creates the legal framework for unit ownership. Registration of this plan is what transforms regular property into legally recognized condominium units with separate titles.
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In a Torrens title system, what is the legal effect of registration of an instrument affecting land?
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In Alberta, a special resolution of a condominium corporation, such as one directing a transfer of part of the common property, must be supported by owners representing at least what share of the total unit factors?