Condo Loses Priority Over $1.3M With Directors Failing to Pay their Condo Fees and Falsifying Status Certificates
We recently blogged on how to ensure condo fees are paid before the mortgage in cases of default and we explained the importance of complying with the strict deadlines and notices imposed by the Condominium Act, 1998 (the “Act”). The recent case of Trez v. Wynford reminds us that the same is true even when condo directors are the ones in arrears and the ones who failed to register a timely lien on their own units. An expensive lesson for a board who allowed two (2) directors to control the corporation. Read the article………..
Making sense of condominium strata fees — what is reasonable? what is too little? — is a growing challenge. Lawyers,
Leaky roofs and faulty foundations could continue to cause problems for condominium buyers, because the government’s new legislation isn’t tough
Officials say a young girl convinced her grandmother to leave a condo that had caught fire in Penbrooke Meadows on