Looking to buy a home in a new subdivision in Strathroy?
People who are thinking about purchasing a home in a new subdivision usually have a list of questions regarding their rights and what they may or may not be permitted to do. For the convenience of new home buyers, we're going to introduce a new series, with some great Q&A's from Municipality of Strathroy-Caradoc
First up – What is a Subdivision Agreement?
A Subdivision Agreement is a registered document entered into between the Subdivider and the Municipality and clearly states the Subdivider's obligations to the Municipality for construction of roads, sewers, watermains, parks, open spaces, and other services in your Subdivision. These are complex legal documents and Purchasers are urged to review these agreements with their Solicitor, especially any warning clauses and special conditions, before signing the purchase documents.