New Regulations on Insurance, Complaints Procedure and the Code of Ethics for Condo Managers

New year: more changes to the condo industry.  The province of Ontario has issued today an update on recent condo law changes taking place in early 2018. Specifically, the province has confirmed the implementation of more provisions and of new regulations under the Condo Management Services Act, which will come into effect on February 1, 2018. In this post, we focus on those changes affecting Condo Managers.

You may recall that the province sought your comments on a draft Code of ethics last September.  Well, the final version of the Code of Ethics has been adopted and can now be found in Regulation 3/18 adopted under the Condo Management Services Act. In  a nutshell, the Code of Ethics includes (but is not be limited to) the following obligations: