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………..
Metro News recently reported that a proposed rule change to ban pets in a downtown Toronto condominium has caused considerable
Q: We have 145 units in our condominium complex, and many owners have rented out their units to tenants. Our
Q. One of our directors has offered to do the cleaning in our building. Can the board pay a fellow