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

/ Owner - January 26, 2016

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…………

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