Detailed introduction to the three major property rights types of Canadian houses

Different types of houses in Canada have different property rights, which mainly include free property rights, independent property rights and free independent property rights. Let’s take a look at the detailed introduction of the three major types of property rights in Canadian houses. Welcome to read.

1. Freehold─Free property rights

The homeowner owns the property rights of the house and land, and is responsible for mowing the lawn, shoveling snow, and repairing the property. Such properties mainly include detached houses, semi-detached houses, townhouses, etc.

When the owner renovates the property, as long as the interior part of the house meets the requirements of relevant construction, fire protection, electricity and other regulations, there is generally no need to report to the city government for filing (except for rental houses), while the construction of the outdoor part requires changes to the house. For other purposes (such as commercial use), you must apply and obtain approval from relevant government departments before proceeding.

2. Condominium──Manage property rights

Residential units are privately owned, and public properties are jointly owned by all owners. Outdoor maintenance and repair work are handled by the management company, and residents pay monthly management fees.

Since the outdoor part belongs to the management company, residents do not have to worry about tasks such as roof replacement and exterior wall replacement. But one thing needs to be reminded. For example, Chinese people generally install range hoods in the kitchen and often drill holes through the exterior walls. They should apply for registration with the management unit to avoid future troubles.

***Property management properties are mainly condominiums, townhouses, etc., but they can also be yachts, golf courses, etc.

3. Freehold Condominium─Freehold Condominium

Mainly townhouses and townhouses. In this type of title, the owner owns the title to the property - the entire house, including the exterior walls, roof, garage, etc., is the owner's responsibility, but public facilities, such as driveways, recreational facilities, visitor parking, and attached parks etc., it falls within the scope of *** management. Therefore, homeowners still have to pay a fee.

In this type of property, the owner can enjoy a high degree of freedom to beautify the house and decorate the garden, but there are also certain restrictions. For example, when deciding when to replace the roof or change the color of the exterior wall, the owner's committee must first obtain approval. pass.