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View Full Version : Can a condo with my name and friend's name on the title be .


pureak
Apr 14, 2008, 04:09 PM
Hi All,

The condo association bylaw says that "Each Unit shall be used and occupied solely as a single family residence"
If I add my friend's name to the deed, so he becomes the co-owner, then only he will live in the unit. Will that break the bylaw?
Thank you for your answer in advance!

LisaB4657
Apr 14, 2008, 04:31 PM
No, it won't break the by-law. The idea is that the owner isn't supposed to be renting out rooms to make it a multi-family residence.

pureak
Apr 14, 2008, 04:45 PM
Thank you for the quick reply!

Fr_Chuck
Apr 14, 2008, 06:03 PM
Of course you are risking 1/2 ownership of the condo, but yes that would be legal, since then the friend would be part owner.