We’d like to warmly welcome the newest member of our Commercial Real Estate Group, Karen Ngan, who advises clients on commercial leases, purchase and sale contracts, loan agreements, property subdivisions, negotiations and corporate agreements. Additionally, Karen assists clients in corporate transactions.
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Borrowing Money
Our strata corporation has a guest suite that is shown on the strata plan as common property. May the strata corporation borrow a loan by mortgaging the guest suite?