You don't own a condo!

That's what I keep telling people who have purchased in pre-construction, with a 2016 closing date, who come to me looking to sell their "condo."

You don't own a condo. It's that simple. You own a piece of paper, which I believe is actually a liability, but that's another story.

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About the author:
David Fleming is a Top Realtor with Bosley Real Estate in Toronto, Ontario, Canada. He created www.torontorealtyblog.com in 2007 to share his experiences and insights as a realtor and it has since become one of the most popular Real Estate blogs in Toronto and across Canada. David is a regular guest on televisions, radio and news networks and writes a regular column on www.thegridto.com.

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