Two questions: - What is a 'society'? Is it like a community that pays for upkeep and has other advantages or just a name for an area? - Do tell about Calgary!
Two questions: - What is a 'society'? Is it like a community that pays for upkeep and has other advantages or just a name for an area? - Do tell about Calgary!
A society is a business entity. They have some control over all houses in an area. Most societies are large. Hundreds or thousands of houses/buildings. The administration of the society is usually done by the original developers. They decide how big the plots of land are, decide the rules houses must follow in their design. The houses themselves are built by the owners of the plots. They society collects monthly fees…
Thanks for the insights and apologies for the late reply. So it's somewhat similar to a development in the US - developer buys the land. But in this case, its the homeowner paying for and building the house vs the developer (like in the US).