Please note that the west upper parkade garage door will be blocked off on Friday, April 28th, between 9:00 am and 11:00 am for necessary brake repairs. This inconvenience is imperative for the safety of those working and vehicles passing through. Please plan accordingly based on the noted time frame.
Thank you for your understanding.
It has come to our attention that there are units in the building that are being advertised on AirBnB for short term rental. We wanted to address this concern as the use of a unit in this manner is contrary to the Bylaws.
It has been determined by the Courts that using a unit for short term, fully furnished rentals in a manner such as an Air BnB or other types of rentals of this nature, are construed as a commercial enterprise. Anyone entering into this type of business or offering a unit for rent in this manner would be required to have a City of Edmonton business licence for the operation.
The fact that it is considered a commercial enterprise would make it a contravention of the Bylaws of The Cosmopolitan as the Bylaws do not allow for commercial enterprises to be operated from any units. I am sure everyone will recognize the concerns in this as they relate to building security, parking, increased wear and tear on the common property etc.
We would ask that all owners review the Bylaws to be sure that you remain compliant with the various Bylaws governing the use of units etc. If you are currently renting your unit in a manner such as an AirBnB or other short term rental such as that we ask that you stop immediately.
If anyone has any questions or concerns in this matter, please call Core Management at any time.
Use and Occupancy Restrictions
43.(a) An Owner SHALL NOT:
(ii) use or permit the use of his Unit other than as a single family dwelling or for a purpose other than for residential purposes. Not limiting the foregoing, the Owner shall not use his Unit or Building or any part thereof for any commercial, professional or other business purposes or for any purpose which may be illegal or injurious to the reputation of the Corporation or for a purpose involving the attendance of the public at such Building or Unit, without express written consent from the Board;
Tenants and Occupants
45.(a) An Owner who leases or grants possession of his Unit to any tenant or occupant shall:
(i) Comply with the damage deposit requirements (if any) of the Corporation;
(ii) Cause the tenant or occupant to undertake in writing to be bound by and comply with the Bylaws of the Corporation; and
(iii) Give notice in writing to the Corporation of the tenancy or other occupancy accompanied by the written undertaking of the tenant, tenants or occupants to be bound by the Bylaws of the Corporation; provided that nothing herein shall in any way remove, waive or alter the responsibility of each Owner for the performance of all Bylaws by all person using or occupying his Unit.
(b) Notwithstanding anything else herein contained, prior to entering into a lease of a Unit, an Owner must provide to the Board a notice of his intention to lease, the terms and identity of the proposed tenant(s) and must not enter into such lease until the Owner has received the consent to such lease in writing form the Board of Directors, which consent may not be unreasonably or arbitrarily withheld. The Owner shall not be released of any of his obligations and shall be jointly and severally liable with the proposed lessee or occupant with respect to such obligations.
Core Real Estate Group
Our office has been informed that cigarette butts are being left inside the 12th floor stair wells, as this is a fire hazard and could cause potential problems. Further, throwing items like cigarette butts, over the balconies are also prohibited by the City of Edmonton and is a potential hazard to the Units below.
In the City of Edmonton, you can't smoke:
• Inside a public building
• Within 5 metres of a doorway, window or air intake
• On a patio related to a business, restaurant, lounge or nightclub
• In a bus, taxi, LRT, bus shelter or on an LRT platform
• In bars, bingo halls and casinos
• Within 10 metres at or around playgrounds, spray parks, sports fields and courts and temporary, seasonal outdoor ice skating rinks
If you have any questions or concerns please feel free to contact our office.
Thank you for your anticipated compliance regarding this matter,
Core Real Estate Group and The Board of Directors
Parking Stall Rental Available
- Above ground indoor stall
- Cost $150.00 per month
- Fob rental required $100.00 deposit
- Please submit interest to email@example.com
- First Come First Serve
Core Real Estate Group
THE IMPORTANCE OF UNIT OWNERS
See the attached Document for great information on why home owners personal insurance is important
and how to protect yourself as an owner or tenant!
CORE REAL ESTATE GROUP