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………..


Related Articles

Condo Smarts: Owners want strata to pay for ventilation repairs

Dear Tony: Our strata has discovered a ventilation problem in which the bathroom fans were not connected and simply blew

70 flags draped from condo balconies to celebrate Canada Day

A high rise condominium on Saskatchewan Drive is adorned with dozens of Canadian flags thanks to the efforts of one

Airbnb Makes the News… Again!

Last week, the Province of Ontario announced a new pilot “partnership project” with Airbnb. The purpose of this pilot project