Urban Renewal

Any owner may apply to a body licensed by the Ministry for a risky structure assessment. The body takes concrete and reinforcement samples, examines the structural system and issues a report. If approved, a note is entered on the title record and all owners are notified. The consent of all owners is not required for the assessment.

Owners vote in proportion to their shares on what happens after demolition. The required majority and the procedure follow current legislation and are clarified together at the owners' meeting; you can request up-to-date information in writing from the directorate and from us.

The decision is served through a notary and those owners are asked to join within the period the law allows. For shares that still do not join, the law provides a separate procedure run by the Ministry and the administration. We only inform owners in this process; we apply no pressure.

Owners and tenants who vacate a building assessed as risky may receive rent support in the amount and for the period set by the Ministry. The amount and period vary by province and year; apply to the provincial directorate for current conditions and documents. Our sales office helps you prepare the file.

Between vacating and handover, owners rent housing by their own means; rent support eases this period. If our contract includes additional rent support during construction, it is stated clearly; do not accept any promise that is not written in the contract.

The share ratio, which unit goes to whom, the delivery period, compensation for delay, responsibility for building inspection and the occupancy certificate, ownership of common areas and the terms for withdrawal must all be in writing. Our contract text is the same for all owners; we recommend taking it home and having a lawyer read it before signing.

That depends on the zoning status of the plot and the share ratio. At the preliminary assessment stage we obtain the zoning status, calculate how many units can be built and present each owner's share in writing. The figures are written into the contract; we give no verbal estimates.

The assessment and decision stage depends on the owners, the permit stage on the municipality and the construction stage on the size of the project. Our responsibility is the delivery period in the contract; the site schedule is updated every two weeks on the project page and owners are the first to learn of any delay.

Tenants vacating a risky building may also apply for rent or relocation support under conditions set by the Ministry. The right to a unit in the new building belongs to the owners. Our sales office informs tenants about the vacating period and the support application.

When you leave a preliminary request for your building or block, one of our specialists calls you, asks for title and zoning information and carries out a free preliminary assessment. The result is shared in writing and creates no obligation. If suitable, a roadmap is drawn up for the owners' meeting.