If you own a condo unit and, especially if you are a condo board director, you may find this article from the REMI Network to be of interest. It appropriately suggests that condo corporations should be updating their general operating bylaws due to the recent legislative reforms that affect condo governance.
Under the new act, several operational changes came into effect surrounding:
- duties and obligations of the corporation and board
- changes to director qualifications and disqualifications including required training
- changes to owners meetings
You can read the full article here.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg