Recouping Costs From Defaulting Condominium Owner

Enforcing compliance with the condominium documents against a defaulting condominium owner can be a very costly undertaking for a condominium corporation. Even though section 17(3) of the Condominium Act, 1998 imposes an obligation on the condominium corporation to take all reasonable steps to enforce compliance, there is no guarantee that the condominium corporation will be able to recover all of its enforcement costs from the defaulting owner.   Read the article……………


Related Articles

Register Your Condo Lien Early or Risk Losing It

Timely collection of common expenses by condominium corporations is essential to the safeguard of their financial viability. For this reason,

New Duty of Honest Performance of Contracts

The Supreme Court of Canada released a decision yesterday that should be read by every person doing business in Canada.

Condo Financing Myths Debunked

In Ontario, when condominiums find themselves short on funds they have three options: 1) increase monthly fees; 2) levy a