Owner apathy is a real problem; in fact, it is one of the biggest challenges facing the con-dominium industry today. Many condos struggle to get 25% of their owners to participatein an AGM, and the legislation in Ontario requires a majority of owners (i.e. 50% +1) tovote in favour of a borrowing by-law to authorize a condominium corporation to borrow money.Many condos have never even had 50% of their owners participate in a meeting Read the article (PDF)……………………………..
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