1. Bylaws and Legislation in Canada

    Condominium Corporations in Canada are subject to Provincial legislation and also, their own specific Bylaws. Unfortunately, the many legislated provisions under these Acts of law are subject to little if any enforcement. Not all issues are of an internal nature. Municipal taxation and other regulat…Read More

  2. Special Assessments and their Impact Upon the Sale of Your Condo

    Q. Does the size of the assessment make a difference? A. Size certainly does matter. The larger the assessment (generally) the larger the amount of work that is required. Sometimes this work is done over a period of time, and therefore the total cost of the assessment isn’t always known. Often t…Read More

  3. The Need for an Annual Audited Financial Report

    Condo corporations generally have a contract with an auditor who works on behalf of corporations independently of boards of directors and management companies. An owners’ search committee can select an auditor and present this choice to the AGM. Whatever the process of selection, the auditor has t…Read More