A buyer wants to build a detached two-car garage on a rural lot, about 25 metres from the edge of a wetland. Under O. Reg. 41/24 made under the Conservation Authorities Act, what applies to that location?
Correct Answer
C) It is within a regulated area, so development needs a conservation authority permit
Section 2(3) of O. Reg. 41/24 prohibits development activities in areas within 30 metres of a wetland, in addition to the wetland itself, and constructing a building is a development activity. A garage 25 metres from the wetland is therefore inside the regulated area and needs a permit from the conservation authority under s. 28.1 of the Act.
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A buyer takes interim occupancy of a proposed condominium unit. The unpaid balance of the price is $480,000; assume the prescribed interest rate is 5% per year. Estimated municipal taxes for the unit are $250 a month and the projected common expense contribution is $450 a month. What is the maximum monthly occupancy fee the declarant may charge?
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