Personal liability for board members is always a concern. The CIOA requires associations to purchase property insurance, flood insurance (when applicable), commercial general liability insurance and fidelity insurance, but it is silent on the issue of Directors’ & Officers’ coverage. Even the Non-Stock Corporation Act does not mandate the coverage. Frankly, it’s one of the main reasons unit owners shy away from taking a spot on boards Read the article…………………….
City Council adopted an ordinance for homeowners who may deal with strict restrictions by Home…
Condo owners who have water and heat provided by electricity, and no intention of adding…
Question: I live in a 65-unit condominium which is currently undergoing a seven-figure concrete restoration…
Condo owners in Kanata are facing thousands of dollars in repair bills Video news report..........................
Dear Tony: Does the strata council require the approval of the owners at a general…
ACharlotte homeowners association issued an alert Friday after a bear visited its wooded neighborhood near…