Condo Board Director’s Selfish Behaviour Breached Obligations (ON)
Without condominiums, Toronto would have a serious shortage of rental space. Condos account for a growing percentage of the rented units in the city of Toronto, where the vacancy rate is just 1.5 per cent. It is taken for granted that many condo units will be rented. In some cases, the renters will be students. Normally, this arrangement suits everyone: the student renters pool their resources in order to afford a nicer place to live while they study; the condo owner gets an income. Read the article………..