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    pureak's Avatar
    pureak Posts: 8, Reputation: 1
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    #1

    Apr 14, 2008, 04:09 PM
    Can a condo with my name and friend's name on the title be .
    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's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #2

    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's Avatar
    pureak Posts: 8, Reputation: 1
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    #3

    Apr 14, 2008, 04:45 PM
    Thank you for the quick reply!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    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.

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