Do you have unanswered questions about Bill 106, Protecting Condominium Owners Act, 2015?

As you are no doubt aware, the Bill is expected to come into force in the fall of 2018. It will introduce a number of changes to the Condominium Act 1998, S.O. 1998, c. 19.

The Bill will create a Condominium Authority Tribunal to hear disputes between condominium owners and Boards. Parties will no longer need to go to court to litigate disputes with unit owners and/or the Board of Directors, unless they wish to appeal a decision of the Tribunal.

The Bill will also introduce the Condominium Management Services Act, 2015 (the CMSA), which creates a separate administrative body to oversee the licensing of property managers working in condominiums throughout Ontario. Under the CMSA:

• All property managers (both individual managers and property management companies) will need to be licensed as condominium management providers in order to supply services to condominiums;
• Condominium managers, as part of the licensing process, will be required to take specific courses and exams administered by the Association of Condominium Managers of Ontario (ACMO); and
• There will be two categories of condominium management licenses: general licenses, which allow for management of all aspects of a condominium; and limited licenses, which impose certain restrictions with respect to entering into contracts and managing funds on behalf of the condominium corporation.

Individual and property management companies will have 150 days from the date on which the Bill is proclaimed to apply for the license.

If you’d like to know more about the changes to condo law, join us for a free breakfast workshop on Friday September 15^th.  Sign up at condo-act.eventbrite.com and be sure you are subscribed to our blog for further updates.  We welcome your input on questions you’d like to see addressed.