Landmark Decision: Terminating an Agreement Under Section 112 of the Condominium Act

In a recent landmark decision, HSCC No. 627 v. Grandview Living Inc., the Ontario Superior Court of Justice ruled that a condominium corporation could not terminate a contract pursuant to section 112 of the Condominium Act (the “Act”) without the approval of two-thirds of the unit owners, where the effect of terminating the contract would result in a substantial change in the corporation’s assets or services.   Read the article…………


Tags assigned to this article:
condocourtOntario

Related Articles

More Regulatory Proposals for the Condo Industry (ON)

The province has issued more regulatory proposals for your review and comments. These ones are less substantive in nature and

Pet Policies: The Good, the Bad, and the Ridiculous

Dogs are usually regarded as the problematic pet for many condo buildings and managers give dog owners a hard time

When is a developer not a developer? The Owners Strata Plan No 66375 v Suncorp Metway Insurance Ltd (No 2)

The plaintiff is the Owners Corporation in respect of a mixed residential and commercial strata development in Camperdown (the development).