Records
How Long Must a Condo Retain Information Certificates?
Our blog post on condo record retention triggered a fair bit of interest and many questions from readers. Specifically, many asked how long they should retain the information certificate. Here’s our answer. What is the Information Certificate? Periodic Information Certificates (and their cousins, the “Information Certificate Update” and the “New Owner Information Certificate”) are documents […]
Register Your Condo Corporation with the CAO !
Some Ontario condo corporations are still “Missing in Action” and have not yet registered with the Condo Authority of Ontario. The good news is that more than 81% of the existing condo corps have met their legal obligation and have filed their mandatory Condo Return. Still, there are a few stragglers. Registration is mandatory. If you […]
Should Condo Owners be Able to Get Information About Other Owners?
We are often asked whether condo owners are entitled to get the list of names and addresses of the other owners. Some feel that owners should be able to know who the other owners are and should be able to communicate with them. Others are concerned that such disclosure may infringe on the privacy of […]
The New Periodic Information Certificate
Amongst the various new obligations imposed on condo corporations, they will now have to regularly send to all owners various Information Certificates. In this post, we discuss the new Periodic Information Certificate – aka the “PIC”. When, how and to whom is it to be sent? Are your condo fees too high? How do they compare? […]
The Forms Under the New Condo Act Are Out!
We have added a new tab at the top of our blog to facilitate access to the new forms. You can also click here and be redirected to these new forms. After many years of discussion and speculation, the new Condominium Act is finally here! The majority of the amendments to the Act and the […]
The First Year in the Life of a Condominium Corporation
The first year of a condominium corporation is a big one. In addition to dealing with ongoing construction work, construction deficiencies and perhaps budgetary issues, the board of directors has to take important decisions in terms of management of the building and has to set the tone with the owners and residents. Depending on how the developer/declarant […]
