Proposed Amendments to the Condominium Act are Finally Released

Dear CCI Members,

The wait is finally over! The Amendments to the Condominium Acthave finally been introduced at Queen’s Park on May 27, 2015.

The text of this bill, which is formally entitled “An Act to amend the Condominium Act, 1998, to enact the Condominium Management Services Act, 2015 and to amend other Acts with respect to condominiums” can finally be reviewed here. It is interesting to note that the bill was introduced as the “Act to Protect Condominium Owners“. This may signal an important shift in what many perceived as a power struggle between the owners and the corporations. This bill, aimed at amending the Condominium Act and at better regulating the industry, is 159 pages long but some of the more important changes include the following.

To read more, click here.