|Toronto's Changing Skyline|
Condominium Act Review and Public Consultation
The Legislation if enacted will have addition reach for Condominium Owners for dispute resolution and mediation. Unfortunately this may mean that Condo boards may be forced into lengthy legal proceedings only to hear a grievance that is one sided in favour of the applicant and not in the general interest of all condominium owners as a whole.
There are many provisions within the Condo Act and the Declarations that need clarification and testing on a building by building basis. These now include interpretation of permitted vehicles, Work Place and Safety Issue as well as Harassment Provisions under Bill 160. The condo building is an employer and has staff on site.
Condo Boards are not for profit corporations. They have audited Financial Statements and most (larger) buildings have on site experienced Management Companies. All Condo Boards retain legal counsel as a course of running their buildings. As an aside about Reserve Fund Studies and Is there enough money in the fund? Do we need another layer of government to oversee Condo Boards?