We hope this general information can assist you in answering some common questions. Please note that that this information should NOT be deemed as legal information. For help in acquiring legal information please contact us.
Your Condominium Property Manager
- As your condominium manager, our main responsibility is to serve the board and the owners
- Our general list of responsibilities and services as your management company is outlined in the Condominium Management page
Board of Directors’ Rights and Obligations
- Condo corporation’s affairs are managed by a board of directors
- Unit owners elect the board of directors
- The directors are to abide by a code of ethics. Including, but not limited to:
- Honesty and Good Faith,
- Care, Diligence and Skill,
- Conflict of Interest Issues,
- Confidentiality, Good Conduct, etc.
- DIRECTORS’ CODE OF ETHICS form may be obtained HERE
- The board must have at least three directors or as stated in the Declaration
- The board generally meets monthly to conduct the corporation’s business
- The board conducts annual general meeting (AGM) with the owners
- The board is responsible to oversee the operations of the property
- The board is responsible for the reserve fund and the reserve fund study
- The board does not appoint an auditor for the corporation. Owners do so
- The board is responsible for enforcing the corporation’s bylaws
- The board oversees common expense fee collections
- The board oversees the general security and the welfare of the owners
Reserve Fund Study information page
Legal repercussions for board members – Ontario Superior Court
- As per Ontario Supreme Court ruling (exterior link) – “Directors of a Condominium Board of Directors maybe held personally liable for their actions when they do not act honestly or in good faith, or when they fail to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.”
AODA requirements (accessibility for Ontarians with disabilities)
- AODA legislation requires (general):
- to identify, remove and prevent barriers for persons with disabilities
- develop accessibility policies and plans for your organization
- train staff and volunteers on Accessibility Standards and & the Human Rights Code
- make your organizations’ websites and web content accessible
- Condominiums Corporations must comply with a disability request (effective January 2012)
- The Corporations can wait for a request to be made
- The Corporations has to show that they are taking steps with complying
- The Corporation must provide “access and accommodation” to any owner, visitor or anyone entering the building unless there is safety and/or health concern preventing the Corporation from doing so
- By year 2025 all condominiums must comply and no condominium will be grandfathered
- Official AODA site
For additional information, please go to the Condominium Information Links.
Visit the CONDO BLOG for ideas, hints, tips and savings.
Thinking of changing your current management company? Looking for a new management company?
We would greatly appreciate meeting with you to discuss how we can assist you with your community requirements. You may contact us or send us a no obligation management proposal request.