NovNovAsia blog: start with the decision you need to make
Start with the decision you need to make: a purchase, documents, tax or payment, a district, letting or market comparison. Each guide gives a practical answer, its limits and a next step; changing figures and terms still need checking at the decision date.
Searches the titles, descriptions and topics of every published article.
No results for "{query}". Try a different phrase.Avoiding a condo with hidden debts
How to check service charges, sinking-fund contributions, special assessments, taxes and deposits before buying a completed apartment.
Multi-phase costsMulti-phase projects: who pays for common areas
How land, podiums, pools, parking and service charges split between phases, and what happens if later towers are delayed.
Owner votingOwner voting in condominiums
How voting shares are calculated, which decisions need a majority or 75%, and how a developer keeps influence through unsold units.
Individual or company ownershipOwn personally or through a company?
When a company genuinely helps several investors or a rental business, and when it only adds accounting, tax filings and creditor exposure.
Owner power of attorneyPower of attorney for an owner
How to authorise lettings, taxes, voting or a sale without giving uncontrolled access to money, mortgage powers or self-dealing.
Private seller financingPrivate seller financing on resale
When title should transfer, how to secure the unpaid price, and what happens on default, death of a party or early repayment.
Unit boundaryWhere a unit ends and common property begins
Who is responsible for walls, windows, balconies, pipes and leaks, and when a repair belongs to the owner or the building.
Apartment after owner deathOwner died, apartment still rented
Where the tenant should pay, who covers service charges and who may manage the apartment before the heirs are registered.
Selling a mortgaged apartmentSelling a mortgaged apartment
How to obtain a payoff letter, direct part of the price to the lender and discharge a registered hypothec before transfer.
Building reserveSinking funds, reserve funds, special assessments
How long-term reserves differ from service charges and why weak reserves turn predictable repairs into sudden owner bills.
Taxes on a saleTax on selling an apartment in 2026
Taxes and transaction costs on a sale, why the capital-gains rollout excludes immovable property, and how to calculate realistic net proceeds.
Transfer to a family memberTransferring to a spouse, child or parent
How a gift differs from a sale, when a family stamp-duty exemption may apply, and how to check the quota, mortgage and existing tenancy.