Royal Elm Private Co-tenancy

Royal Elm Private Co-tenancy Outlines the location, type of residential community and its operating principles. Sometimes, special meetings are called to deal with specific issues.

Royal Elm Private Co-Tenancy Association

The 19 homeowners of Royal Elm Private form the Royal Elm Private Co-Tenancy Association (REPCTA). In addition to owning their individual properties, each owner owns a one-nineteenth share of the shared lands. These lands consist of the street, shared utilities under the street, visitor parking area, the walkway connecting the street with Hunt Club Road an

d the lands adjacent to city properties on Hunt Club and Albion Roads. Responsibility for maintenance of these areas are shared by all the homeowners by contributing equally to a common maintenance fund. To save on maintenance costs, some owners maintain areas of grass adjacent to their properties. Financial and maintenance tasks are handled by an executive committee consisting of a President, Secretary and Treasurer. At minimum, owners hold an annual general meeting to elect executive officers and decide on financial and other issues such as maintenance of the shared areas and parking problems.

09/21/2016

Royal Elm Co-tenancy Association is located in the South Keys shopping area of Ottawa - South. This a major node for shopping and regional transportation including quick access to the Ottawa airport parkway. A number of seniors homes and clinics are available nearby.

08/24/2016

Not a Condo/Condominium

Royal Elm Private is a Co-Tenancy Association, NOT a Condominium Corporation. The two are similar in that both have common property that all owners share. A Board of Directors is elected in both cases by the homeowners to oversee management of the common property and the funds collected to maintain the common property.

One difference between a Condominium Corporation and a Co-Tenancy Association is that Condominiums share common building elements (ie. your outside wall might be part of the Corporation whereas your inside wall is owned by you personally). In a Co-Tenancy you own the full structure of your home and your yard, including your driveway. The Association together owns things like the road, visitor parking area, walkway and the utility lines under the property.

A second difference in Ontario is that legislation governs Condominium Corporations. No such explicit legislation has been passed for Co-Tenancy Associations.

08/24/2016

What is a Co-tenancy?

Co-Tenancy Agreement

Residents of the Royal Elm Private Co-Tenancy Association are governed by a Co-Tenancy Agreement. The Agreement is a recognized legal document. Every homeowner who buys a house in this community is subject to its' conditions and agrees to abide by its' Rules and Regulations. The agreement governs shared financial expenses and collection, property standards and the use and maintenance of shared lands such as the street and the visitors parking area.

Provides the general location of our community in Ottawa, Ontario South, adjacent to Hunt Club Road and Albion Road.
08/24/2016

Provides the general location of our community in Ottawa, Ontario South, adjacent to Hunt Club Road and Albion Road.

08/24/2016

Royal Elm Private, founded in 1994, is a co-tenancy association consisting of 19 single homes. It is a cul-de-sac tucked away at the rear of Royal Oak Court in the southwest corner of Greenboro in Ottawa's convenient south end. The community was built by Lisgar Square Developments Inc. VIP Construction and Engineering Ltd. built the homes between 1994 and 1997. The homes are so-called 'adult lifestyle' bungalows designed with mature couples in mind. Most homes have two bedrooms - master and guest - and some have a loft.

Address

Royal Elm Private
Ottawa, ON
K1T3S5

Telephone

+16137691189

Website

Alerts

Be the first to know and let us send you an email when Royal Elm Private Co-tenancy posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category