Earlier this week, Michelle Ervin of CondoBusiness magazine provided some news concerning the proposed new Condominium Act arising from a phone interview with the Minister of Government and Consumer Services David Orazietti. You can read the entire article here. In brief, the Minister stated that the intent is to introduce the new legislation during the legislatures…
Month: February 2015
Caselaw, Shared Facilities
Shared Facilities – Limitation Periods
by Dave • • 0 Comments
A recently reported decision of the Ontario Superior Court, TSCC 1487 v. Market Lofts Inc., addresses issues of limitations for condominium corporations seeking to recover amounts due under a Shared Facilities Agreement. In this case, the condominium sought recovery of $162,497.60 plus interest against the defendants relating to a period from 2006 to 2014. The…