Alberta’s Condo Property Act ineffective at protecting fraud victims: Condo owners advocate

/ Owner - February 26, 2020

Despite amendments made Jan. 1 to the Condominium Property Act — meant to cut red tape and protect condo owners and their investments — some critics say it doesn’t go far enough.  Effective now, condo corporations must have insurance to protect themselves against fraudulent or dishonest acts, specifically pointing to crimes committed by condo board members or property managers. Condo owners advocate Sharon Blondin says there also needs to be a body that will regulate condo managers.   Read the article…………………………..

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