Table of Contents
Algonquin Cottage Lot Transfer Fact Sheet
1.2 When is Consent to Transfer Required
- When cottagers want to transfer their interest entirely from one holder, or a group of holders, to an entirely new holder, or group of holders (i.e., sell the cottage structures and transfer their lease or license of occupation).
- When the existing holders want to remain, and want one or more new holders to be added.
- When some of the holders want to remain, but one or more holders want to have their names removed.
- When a holder has passed away and their name needs to be removed.
- When a holder has passed away and their share needs to be transferred to a new holder as identified in their will.
The Ministry must issue consent prior to any of the above transfers/assignments taking place. The Ministry's Legal Services Branch must review and approve estate transfer applications and all mortgage applications.