My condo corporation recently received a letter from the Condo Authority of Ontario, inviting us to register the corporation and to pay the initial Assessment Fee. These steps are mandatory and all condo corporations must comply. Here’s how. *The deadline to register your corporation and pay the assessment fee has been extended until February 28, 2018. […]
The Condo Authority of Ontario (CAO) is responsible to provide new mandatory training for all condo directors in Ontario. We now know a bit more about what kind of training can be expected, who will be required to take it and the time frame to comply with this new requirement. The CAO has also launched 4 […]
The province is again seeking input and comments on proposed regulations under the Condo Management Services Act. Of particular interest, the province has circulated a proposed Code of Ethics for condo managers. Here is what it is likely to look like. New proposed Regs under the CMSA In a communiqué issued on August 30, 2017, the […]
The Ontario Court of Appeal reiterated that the 3-month deadline to register a condo lien is a strict one. Failure to act in a timely manner will result in the lien being lost. This is true, not only when dealing with monthly arrears but also when collecting on a judgment. Background This matter initially involved […]
