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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.
 
Directors Corner Print E-mail
The role of the Board of Directors is very profound for any Condominium Corporation. 

The Condominium Act states in an unambiguous way:
27.  (1)   A board of directors shall manage the affairs of the corporation. 1998, c. 19, s. 27 (1).

So, any authority for a property management company or anybody else can only be derived from the authority of the Board. In practical terms, there are, however, various problems with implementation of such a model. Often Board Members do not have a proper professional background.  The most valuable candidates for the boards would be: engineers, accountants, corporate lawyers, or managers of executive level.  Unfortunately, such professionals are usually busy with their jobs and are reluctant to devote a significant amount of time to the affairs of their Corporations.  In addition, the customary approach is not to remunerate the Directors for their services.  The inevitable result is that the Directors are often operating in a space where they feel professionally insecure, vulnerable to liability and stressed by the sheer amount of time required to learn about the new field and to provide adequate service during their terms.

Considering the vital importance of Boards of Directors, helping them must be one of the priorities for any organization concerned about wellbeing of Condominium Corporations and Communities.  Therefore CAFCOR is launching a new initiative tentatively called “Directors Corner”.  We are planning to have a series of venues that will help Board Members to organize themselves and to provide them with guidance and help. 
To start with, a new Forum was created as a place to share experience and to discuss issues faced by Board Members every day in their demanding and often not appreciated work.

Directors Corner - Forum

 

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