Group your condos into a building

If you own several condos in the same building, you can group them under one building. A building is the shared bricks they sit in, one address and one strata corporation. It is a grouping only, so it holds no money of its own, no value, no mortgage, and no tax.

Buildings turn on when condo support is enabled for your account.

What a building gives you

• Combined equity across the condos you own in it, which is simply the sum of each condo's own equity. The building never adds value of its own, so your total net worth is exactly the same whether you group your condos or not.
• Shared documents in one place (the declaration, the bylaws, the reserve-fund study). These appear read-only on each condo in the building, so you file them once.

Create a building and add your condos

1. Go to Buildings and choose Add a building.
2. Give it a name (for example the address or the corporation number) and save.
3. On the building, use Link a property to add each condo you own in it. You can unlink one at any time, which just un-groups it. The condo and all its history are kept.

Combined equity

The building shows the combined equity of its condos. A condo with no recorded value is left out of the total (never counted as zero), and the building tells you how many of your condos have a value so far, for example "Combined from 2 of 3 properties". Add a valuation on a condo to include it.

Shared building documents

Upload the building's documents on the building page. Each condo in the building then shows them under Building documents, read-only, so anyone working on that condo can open them without you filing the same PDF on every unit.

Good to know

• Deleting a building keeps every condo. The condos are simply un-grouped, and none of their money or documents are touched.
• A building is account-wide, so it is managed by an account owner or a manager who is not restricted to specific properties.