Condo Arrears- Management Mistakes
Condo Managers involved in the collection of common expense arrears may want to stay clear of the following condo arrears mistakes: Missing the three month period to secure the arrears by registration...
View ArticleCondominium Status Certificates – Recent Court of Appeal Decision
A recent Court of Appeal decision, Orr v. MTCC 1056, highlights the need for condominium corporations to provide accurate status certificates to prospective condo unit purchasers. In 1997, the...
View ArticleCondominium Status Certificates – Recent Court of Appeal Decision
A recent Court of Appeal decision, Orr v. MTCC 1056, highlights the need for condominium corporations to provide accurate status certificates to prospective condo unit purchasers. In 1997, the...
View ArticlePurchasing a Condominium- The Status Certificate
When purchasing a resale condominium unit it is important to consider the financial condition of the condominium corporation and not just look at the location, amenities and features of the unit. Most...
View ArticleLet’s Talk Investing: 3 Part Series on Condos with Denise Lash
In a Globe and Mail Let’s Talk Investing 3 part video series Denise Lash discusses everything you need to know when buying a condo: Part 1: “Need-to-know info for boomers moving to condos”, Denise...
View ArticleStatus Certificate Liability – Cost Ramifications
In a previous blog post, we reviewed the Court of Appeal’s decision in Orr v. MTCC 1056, where the condominium corporation and a unit purchaser’s lawyers were found equally liable to the purchaser for...
View ArticleStatus Certificate Errors
In a recent case, a condominium management firm was held responsible to pay a condominium corporation for financial losses incurred as a result of an error in a status certificate issued by the...
View ArticleMTCC 723 v Dante Reino – Ontario Court of Appeal Releases Decision on Status...
A recent Ontario Court of Appeal decision, highlights the importance of issuing accurate status certificates even if prior status certificates may have failed to do so. The main issue in the appeal was...
View ArticleClik here to view.
Out with the Old and In with the New
Preliminary Notice and Notice of Meeting: On May 1, 2018, the Ministry of Government and Consumer Services (the “Ministry”) released updated versions of the Preliminary Notice of Meeting and the Notice...
View ArticleCOVID-19 – What Needs to be Disclosed in a Status Certificate- March 25, 2020
It seems like every day there are new developments with regards to how businesses and the public should operate in this new age of COVID-19. On March 23, 2020, Doug Ford announced that only essential...
View Article
