by Harjot Atwal | Jun 30, 2021 | Legal Issues
As a lawyer, when representing buyers of resale condominium properties, the main question my clients initially have is whether the condominium corporation is “financially healthy”. A condominium’s status certificate contains auditor’s reports and other relevant...
by Martin Rumack | Apr 23, 2020 | Legal Issues
Under Ontario’s Condominium Act, 1998 a condominium corporation is granted specific powers in the event that an owner fails to pay his share of the common expenses. Specifically, section 85 entitles the corporation to a lien against the defaulting owner’s unit, which...
by Bob Aaron | May 7, 2018 | Featured, Legal Issues
In perhaps 80 to 100 transactions in the last 15 years, Toronto Realtors wound up listing and selling condominium units that were not owned by their seller clients. It now appears that 22 condominium owners in a north Toronto project do not own the units they are...