Condo Rebates – Abatements Explained

A reduction in some amount that is owed, usually granted by the person to whom the debt is owed. In the law of torts, the summary removal of a nuisance.

So what is Condo abatement and how does this affect me?

Once you have purchased a prop

erty from a new home builder and you have signed an agreement of purchase and sale, you will find that in most cases the developer of the land will be excused for many potential mistakes that they consider small or insignificant. Continue reading