January 29, 2018 - After promising seemingly forever co-ownership legislative reform , Québec Minister of Justice, Stéphanie Vallée, passed the buck to her colleague Lise Thériault, Minister responsible for “l’habitation et la protection des consommateurs”( Housing and Consumer Protection) and this spring she wants to introduce a bill on a this pressing issue.
January 12, 2018 - Smoking pot in one’s condo may disturb several co‑owners, if cannabis second-hand smoke migrates from your apartment to another. Lawyer emeritus and RGCQ's general secretary, Yves Joli-Coeur, foresees several difficult situations to manage in condos, when recreational purposes marijuana is officially legalized in the country.
December 9, 2017 - Ontario's recently introduced Protecting Co-Owners Act, 2015 provides, inter alia, mandatory training for co-ownership managers. As of January 30, 2018, they will be required to hold a license in good standing issued by CMRAO (the Condominium Management Regulatory Authority of Ontario), otherwise they will no longer be able to offer their services to the syndicates of co-owners.
August 24, 2017 --- After enacting the Condominium Owners Protection Act in December 2015, Ontario recently announced an important guideline deriving therefrom. Effective November 1, 2017, all condominium (co-ownership) managers will have 90 days to apply for a license under the Condominium Management Services Act.
July 20, 2016 - The contingency fund is an essential kitty for any co-ownership. The recent misadventure of a group of co-owners in Kelowna, British Columbia, reminds us that it could be used well before the common portions reach the end of their life expectancy.
The said co-owners association had to spend $ 225,000, prematurely on account of substantial damage to its building facades caused by woodpeckers (maybe the offspring of the infamous Woodywoodpecker ). These birds have literally eaten away all the outer cladding.
July 12, 2016 - A new university co-ownership management program is born. It will be given at the Centre de perfectionnement de l’École des sciences de la gestion (ESG UQUAM) (Development center of the Management Sciences School ESG UQAM) starting on September 8 next.
February 9, 2016 - RGCQ is looking for syndicates of co-owners to participate in a trial project, leading ultimately to the creation of the Condo Index. The latter will become an indicator of the financial performance of a co-ownership. The Condo Index is the next logical step after the creation by the RGCQ of the standardized chart of accounts.
January 15th 2016- Ontario has been revising for a long time its 1998 Condominium Act (Condominium Act). Its new version adopted December 2nd 2015, designated the “2015 Protecting Condominium Owners Act “has significantly reinforced the measures of protection applicable to condo associations”.
January 5, 2016 – As of January1, 2016, Revenu Québec imposes the use of the RL-31 slip (RL-31). This document is intended for those individuals or businesses who own a building containing at least one leased dwelling. They are required to provide this slip to any tenant whose name is on a lease or who sublets an apartment, as of December31, 2015 specifically.