Realty Assessments - Should You Consider an Appeal?
by James M. Davidson on August 24, 2016
Condominium common elements are generally exempt from realty assessment and taxation, subject to certain exceptions noted in Section 15 of the Condominium Act, 1998. But condominium corporations can also own land. For instance, condominium corporations may own one or more:
- Units in the condominium
- Parcels of land containing amenities or containing facilities shared with other properties
- Parcels of land for other reasons.
If so, you may have recently received the 2016 Assessment Notice from MPAC (the Municipal Property Assessment Corporation) in relation to those lands owned by the corporation.
Read more on Realty Assessments - Should You Consider an Appeal?
New Date for the ACMO CCI-KINGSTON 3rd Annual Conference
by Kristen Bailey on August 15, 2016
Nelligan O’Brien Payne is proud to be the Diamond Sponsor of the 3rd Annual ACMO CCI-Kingston Condominium Conference at the Ambassador Hotel & Conference Centre.
After being postponed, the event is now confirmed for November 25, 2016.
Regulations for the New Condominium Act: An Update on Industry Consultations
by Kristen Bailey on July 20, 2016
The Ontario Government has recently been in consultation with leading professionals in the Condominium Industry, including our very own Nancy Houle, in preparing Regulations that will be introduced under the amended Condominium Act. These changes will affect all condo corporations.
Nancy was invited to Toronto to meet with government representatives interested in obtaining input and guidance for developing the Regulations, which will play a significant and important role once the new Act is in effect.
A Reminder About Reserve Funds and Status Certificates
by James M. Davidson on June 24, 2016
If a condominium corporation is aware of any circumstances that may result in an increase in the common expenses (that is, an increase beyond inflation), this must be disclosed in Paragraph 12 of the status certificates. Therefore, something may need to be mentioned in Paragraph 12 of the status certificates if it appears that contributions to the reserve fund may need to increase (beyond inflation).
Owner's Refusal to Co-Operate With Fireplace Maintenance Requirements - An Expensive Lesson
by Kristen Bailey on June 21, 2016
In the compliance proceeding case MTCC No. 634 v. Adamo, a condominium corporation had asked that fireplace maintenance be completed; however, one owner steadfastly refused to fix the problems with his unit’s fireplace to bring it into compliance. Prior to the court hearing in October, 2015, the owner had finally complied, and the Court was only required to decide the issue of costs.