Tag Archives: Condo Office

Reserve Fund Balance must be Disclosed

Gerry Hyman has another article for the Toronto Star.  I want to discuss two of the questions raised. The first question is: QUESTION:  A number of us as unit owners have written to the board requesting the current amount of … Continue reading

Posted in Condominiums | Tagged , , , , , | Leave a comment

Condominium Must Hold Annual Meeting

Gerry Hyman has another article for the Toronto Star.  Let’s discuss a couple of the questions: QUESTION:  Two of our three board members own six units in our 13-unit condominium and have a proxy from another owner. But the board … Continue reading

Posted in Condominiums | Tagged , , , , , , , , | Leave a comment

Condominium Could Amend the By-laws

Gerry Hyman as another article for the Toronto Star.  Let’s discuss a couple of questions that were brought up: QUESTION:  Our board recently discovered that owners have been electing five directors when the bylaws allowed for three. A lawyer’s letter … Continue reading

Posted in Condominiums | Tagged , , , , , | Leave a comment

Charges Must Be Reasonable

Gerry Hyman has a new article on condominiums.  So let’s discuss it: QUESTION:  The property manager for our 41-townhouse condo advised at our annual meeting that, following a written request, an owner could electronically receive the corporation’s monthly financial statements. … Continue reading

Posted in Condominiums | Tagged , , , , , , , , , , , , | Leave a comment

Developer Must Pay Share of Maintenance Fees

Gerry Hyman has a new article about condominiums.  So lets discuss it: QUESTION:  Following registration of our condo, the developer appointed the first board of directors. The board then passed a resolution limiting the common expense contributions to be paid … Continue reading

Posted in Condominiums | Tagged , , , , , , , | Leave a comment

Condominim Act Review Stage 2

Canada’s Public Policy Forum has released it’s second stage review of Ontario’s Condominium Act.  I’d like to discuss a number of issues in the report: 1)  The report calls for mandatory testing for property managers.  This is a good step … Continue reading

Posted in Condominiums, Politics | Tagged , , , , , , , , , | Leave a comment