A checklist for setting condo budget priorities
Some may think of condo budget review as a yawn fest; however, others may spend hours working out the smallest of details. That’s because a budget is basically a financial plan — not sexy, but extremely important in the condominium industry. Budgeting is so important that the Condominium Act requires all corporations to maintain an operating budget and a capital budget for the repair and replacement of major components. Read the article………..
Reviewing the Draft Regs (Series One) PART 3: “But what about…?” Answers to key questions about manager licensing
In our previous two entries (here and here), we discussed several key provisions in the recently proposed draft regulations under
Ballingall v Carleton Condominium Corporation No. 111, 2015 ONSC 2484 Decision Date: April 21, 2015 This case involves a condominium corporation