Amendments to the Condo Act
Countdown to your Next AGM
Don’t trip over the deadlines: Use our AGM calculator to know exactly when to send each notice leading to your next owners meeting. 35 days before the AGM At least 35 days before the AGM, the board must send out a written Preliminary Notice to the owners and mortgagees whose names appear on the corporation’s record […]
Steps Required by Condos to Allow for Electronic Service of Documents on Owners
Condo corporations are often required to send formal notices to owners. These formal communications will increase under the “new” Act. Corporations may be able to reduce cost (and save trees) by switching to electronic communications. Here is how. Requirement to Communicate with Owners Under the current Act, condo corporations are often required to send formal […]
Condos Have More Time Before Changes to Insurance Regime
Much ink has been spilled in the last few months over the upcoming changes to the insurance regime applicable to condominiums. In particular, a lot has been written about existing Insurance deductible by-laws and any looming deadline to re-arrange your corporation’s affairs on this front. Well, we may all have more time to breathe… Help us […]
New Condo Authorities Launch their Websites!
The “new” Condo Act and the new Condo Management Services Act are expected to be implemented in phases over the next few months. While proposed regulations to this legislation are still in draft form, the new “Condo Authorities” expected to be set up just launched their web sites. Have a look! The Condominium Authority of Ontario Ontario is expected […]
Major Changes to Condo Insurance and Repair Obligations
The province of Ontario is in the process of adopting sweeping changes to the Condominium Act. In this post we discuss how the new provisions will drastically change who is responsible to repair (and therefore who is responsible to insure) condominium units. Corporations should consider acting quickly to put in place various protections which may no […]
Condo Managers Will Not Be Able to Solicit Proxies Under the New Condo Management Services Act
You will recall that, earlier this year, the province circulated the draft regulation it proposes to adopt under the new Condominium Management Services Act. We have extensively blogged about this. In this post, we look at the restrictions imposed by this new legislation on the handling of proxies by condominium managers. Whether it is justified or not, […]
New Mandatory Training for Condo Directors
As part of its revamping of the Condo Act, the province is imposing various additional obligations onto condo corporations, managers and directors. Last month, the Ministry of Government and Consumer Services circulated a new set of draft regulations which further detail some of these new obligations. In this post, we discuss what we know about the […]
New Disclosure Obligations for Condo Directors
We all know that Ontario is revamping its regulation of the condominium industry. As part of the sweeping changes being introduced, the province is imposing mandatory licensing on condo managers but it is also imposing new training and new disclosure obligations on condo directors. In this post, we explore the new mandatory disclosure obligations. Please […]
More Regulatory Proposals for the Condo Industry
The province has issued more regulatory proposals for your review and comments. These ones are less substantive in nature and deal with the mechanics of setting up the various Authorities and the Tribunal which will oversee this new legislative regime. Now is the time to share your opinions… or forever hold your peace! New Proposal to Regulate […]
Draft New Regulations Under the Condo Act Are Out for Consultation!
The Ministry of Government and Consumer Services has posted yesterday a first draft of the proposed regulations to be adopted under the “New Condo Act”. The province is seeking comments on this first draft by March 30, 2017. Some of the proposed regulations could come into force as early as July 1, 2017. Bill 106, the […]