Condominium Management Insights
Expert guidance on condo board governance, reserve fund planning, property management best practices, and Ontario condominium law for board members and unit owners.
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What section 40 of the Condominium Act, 1998 and Ontario Regulation 48/01 require when an Ontario condo director has an interest in a contract, from written disclosure and timing to stepping out of the vote and minuting it.
How Ontario condo boards can judge their current management company, separate performance problems from scope problems, try to fix issues first, and understand termination and records rules before deciding to switch.
A practical guide for Ontario condo boards on what board meeting minutes should record, how conflicts and closed sessions are handled, how long minutes must be kept, and how to respond when an owner asks to see them.
Condominium insurance costs in Toronto and the GTA are a significant concern for boards and owners. Understanding the market dynamics and implementing proactive strategies are crucial for financial stability. This guide provides actionable insights for reducing premiums while ensuring comprehensive coverage.