 8480 Condominiums in OntarioAs of March 6th, 2008 there were 8480 registered condominiums in Ontario. For a breakdown based on location please click HERE . The numbers were provided by the Ontario Government. |
 The High Price Of Condominium Arbitration. A condominium is a community of people with common interests and the theory is that the community should try to resolve disputes by agreement rather than the adversarial process. Mediation is seen as a “win-win” process which allows disputes to be resolved by a communication process leading to a common understanding of the needs of the condominium community. Read more...
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 The minutes of Board meetings are important legal documents, yet many Corporations do not pay enough attention to them. Some Corporations put far too much detail in them, while other Boards keep minutes that do not accurately or completely reflect the Board's decisions. The purpose of the minutes is to provide a permanent legal record of the actions of the Board. Read more... |
| Why Get Involved? |
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I know there are Owners out there who ask this question. And I am envious of any Owner who is fortunate enough to own a unit in a well managed Corporation with competent, reasonable and service oriented Directors and Officers. After all, why should such Owners join with other Owners to lobby for legislative reform? Allow me to try to answer this question.
If you take for example, the Owner of a unit in a Corporation where "governance issues" abound and where there is a complete or even partial contempt for law and the interests of Owners. Such an Owner has only two alternatives;
In either situation, once such an Owner does sell, do they then turn around and purchase another condo? I think not! Do other Owners in that Corporation buy another condo elsewhere? Not likely! The relatives, friends and acquaintances of such an Owner, knowing what they have gone through, will likely not wish to purchase a condominium unit, even in a well managed Corporation like yours. From this example, how many potential purchasers have been discouraged from looking at your unit when the time comes that you want to sell? Or, you or one of your family members should purchase a Unit in the example Corporation, all the while believing that ALL Corporations are as well managed as yours? ALL Owners of Condominium units in Ontario and across Canada do have a reason to support much needed reforms to our current Condominium legislation, even those who are fortunate enough to have experienced the true intent of "condominium living". |