Thread: Amendment to the Condominium Act (Foreign Ownership)
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Old 21-07-2008, 11:44 AM   #5 (permalink)
AntRobertson
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All looking a little bit more positive and for the future ant.
I agree mate. Another step in the right direction, albeit a baby step!

One other thing I left off is that they also tidied up the provisions relating to the '5yr exemption' some condos had on foreign ownership over 49% - effect is that the foreigner owners now have secure title regardless.
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