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Multiple offer on a Strata MLD Property part 2

February 27th, 2026
So, wehere we left off was my client and i not getting a property on a multiple offer, which i didnt' care so much because there were unauthorized renovations to the unit, which was disclosed on a material latent defect disclosure. The MLD included that the strata knew about it. So, a few days later, i got a call from the realtor saying that the accepted offer didn't go through and wanted to ...

Multiple offer on a Strata MLD Property part 1

February 20th, 2026
So, here's what just happened.  A buyer and I found a nice 1 bedroom we liked, and we decided to gather more information on it, with the intention of writing an offer.  One document that was available to view  was something called a MATERIAL LATENT DEFECT disclosure.   What that is is a sheet that discloses items that may be potential issues.  Common reasons to see a material latent defect ...