Kitec Piping Claims
As you may know, there is a large class action settlement in Canada and the US as a result of Kitec piping installed predominantly between 1995 and 2007. The pipe system can fail, causing catastrophic water escape and damage. It is important to note that Kitec piping could have been installed during the initial construction of the property, but also as part of a repair or replacement project later on. As such, while it may be a more common problem for condominiums built between 1995 and 2007, all condominiums should investigate the possibility of Kitec piping on the property. Read the article………….
Coming back from reserve fund shortfalls: Why the account might dip below adequate levels, and ways to replenish it
In an ideal world, condominium owners are satisfied with the way their corporation is run, fees are comparable to the
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“Condo owners in Ontario lose millions of dollars a year, because of bid rigging and fraud,” alleges Anne-Marie Ambert, a