Questions and Answers
What is the role of the board of directors in a condominium corporation?
Develop and enforce condominium rules and bylaws
What is the purpose of condominium rules?
Establish directives and regulations for the corporation
In the process of creating a condominium corporation, what is included in the declaration?
Boundaries of each unit and common expenses share
What do bylaws in a condominium corporation refer to?
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What is the process called when a declarant files a declaration and description at the Land Registry Office?
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Which entity typically files a declaration and description to create a condominium corporation?
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What are the common elements in a residential condominium?
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Which Act regulates the creation, governance, and bylaws of condominiums in Ontario?
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What significant change did the revisions to the Condominium Act in 2015 bring about?
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Who is responsible for sharing the costs of maintenance and repairs of common elements in a condominium?
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What makes up the private living space to which a condominium owner holds sole title?
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Which Act established the Condominium Authority of Ontario and the Condominium Management Regulatory Authority of Ontario?
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What is responsible for creating a condominium corporation in law?
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What does the Condominium Act define in relation to condominium corporations?
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What is the main duty of the board of directors of a condominium corporation?
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How does the Condominium Act outline the composition of the board of directors?
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What is the purpose of a disclosure statement required by the Condominium Act?
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In what way does the corporation ensure unit owner compliance according to the Condominium Act?
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