Condo Q&A: Yes, we volunteered for the board of directors, but can we be paid for our work?
Q. We are a small condo corporation in Ontario and we, the board of directors, do a lot of the work to keep the corporation running smoothly. We feel we should be compensated for our efforts. Do we have to consult with the owners as to how much remuneration we could receive? Does the Condominium Act state a certain amount we can be paid? Read the Q&A………………
Q We are short of funds in our reserve fund account. Either we levy a special assessment of $2,000 per
While price and location are still top of mind for most condo buyers, amenities can influence their decision-making. When Tsehaie
Recent lawsuits over material changes in final sale agreements have ended with the courts ordering buyers’ deposits fully refunded. Three