Court of Appeal gives condo corps deference on ‘reasonable’ decisions

The Court of Appeal has ruled that the business judgment rule should apply to condo corporation board decisions.   Ontario’s top court sided with an Ottawa building’s board in a dispute over a condo owner’s proposal to start charging hourly for parking spaces in the property’s garage.  The owner filed a claim against the condo corporation in 2014 after the board rejected the proposal, which would convert monthly parking spaces into a “pay and display” hourly system and would require changes to the building’s common elements.     Read the article……………