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Discussion Forum

CAFCOR Forum – Owners Helping Owners. Our Forums offer a wealth of information accumulated in thousands of posts.  We encourage everyone who has a question or problems to discuss, to search the forums first.  There is a chance that your question was already answered.  Viewing threads also allows a better understanding of issues facing condominium owners.  To visit the Forums, please click HERE.

 
law.jpgThe 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...
 
Condo TowerOver 9,000 Condominiums in Ontario
In 2011 there were over 9,000 registered condominiums in Ontario, an increase from 8,788 in 2008.

For a breakdown (2009) based on location please click HERE .  The numbers were provided by the Ontario Government.
 
Why Get Involved? Print E-mail
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;
  1. To pay the thousands of dollars associated with mediation and/or arbitration and possible litigation to remedy the situation after which, such a condominium community would be divided and unpleasant to live in; or
  2. Attempt to sell his/her/their unit.

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".
 

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