Aggregating the real estate of condominium commentary, opinion, tragedy and truth being told to the public. Buy into the author’s thought or sell your own. For legal advice, consult a professional condominium lawyer.
Can a condominium corporation hold a unit owner financially responsible for legal proceedings initiated against the corporation by his/her tenant, even in cases where the owner did not authorize the lawsuit? In the recent case York Condominium Corporation No. 187 v. Sandhu, the Ontario Superior Court of Justice answered this question in the affirmative. Source: Mohiminol Khandaker, Davidson Houle Allen LLP
Fire safety in Ontario is governed by the Fire Code O. Reg. 213/07, which is a regulation made under the Fire Protection and Prevention Act, 1997. The Fire Code establishes minimum requirements for fire safety in buildings and facilities, including condominiums. Source: Danielle Swartz, Lash Condo Law
Being in the business of owning and managing residential real estate has with it the advantage that there will always be customers because people will always need a place to live, but along with that comes the challenge that the product is very personal in nature: it’s somebody’s home. Source: Brandon Sage, LandLord Property & Rental Management, Inc., Key Media Pty Ltd
More than one third of Toronto’s condo units are owned by people who don’t live in them, according to new numbers from Statistics Canada. Who are all these condo investors and how much money are they making? We found a few and asked them. Source: Josh Dehaas, Toronto Life
Users of the approximately 19,900 residential and institutional elevators in Ontario take approximately 655,000 elevator trips in a single day, according to Delta Elevator. And elevators are essential to the mobility of many of these users, who include residents and guests of condominium corporations. Source: Courtney Cartmill, Condominium Manager , Wilson, Blanchard Management Inc.
We often hear from people (the general public and REALTORS® alike) who have concerns with condo fees. By concerns we mean good ol’ fashioned “no thanks!” hesitation. Source: THE bTEAM