Draft Reg#2 – Part 2 (ON)

The second draft regulation also describes the mandatory disclosure and training requirements for condominium directors. These changes came about because of perceived problems with widespread mismanagement, deceit, or fraud. Fortunately, these problems are less common than portrayed. Nonetheless, these changes should help protect condominium owners.     Read the article………….


Related Articles

How to manage shared facilities in condos without getting into a war

Unlike squabbles over who gets the last scoop of ice-cream (summer is here!), conflicts over shared common facilities between multiple communities can’t be easily resolved through just a game of rock-paper-scissors.

Introducing the Condominium Management Services Act, 2015 — Part 7: New Obligations

Now that the Standing Committee on Finance and Economic Affairs has concluded its public hearings and shifts to a line-by-line

What Condo Companies Can Do About Airbnb-like Organizations

Cheap, short-term rental accommodations through companies like Airbnb Inc. are popular for travelers and condominium owners, however they are not