Quote:
Originally Posted by chemgear
CMHC refused to insure it specifically due to the usage of post tension/condition of it?
(I'm a bit of a noob and haven't personally encountered a situation where the CMHC actually balked.)
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We're getting the exact reasoning from CMHC on Monday, but basically from what I've heard/learnt on the net they don't like that style of building because they feel it raises the costs to the unit holders and that it can shorten the lifespan of a building...something important when you have a 25 year lien on a property. Doesn't mean I like it though!