We are over a year into the pandemic and are starting to see the end in sight, even as we weather the third wave.

A condominium corporation with major repair or remediation needs and not enough Reserve Funds is faced with difficult decisions. Here are some of the important questions the Board should consider if faced with the tough choice between special assessment, loan or deferral:

In 2007 I bought my condo unit. It was the first time I owned one and the first time I lived in one. I read all the required documents and thought I was prepared. I thought that since it was a requirement to sign as accepting the conditions as laid out in the ruling documents that everyone understood them and would abide by them. Boy, was I naïve.

“WHAT IS THE PROCEDURE TO CHANGE A CORPORATION’S BY-LAWS?”

Why does the word “dog” compel heated debate when combined with the word condominium? In the interest of full disclosure, I am the owner of a lovely, 65-pound, Lab called Riley. Also, I am allergic to cats.

CCI-NS receives questions from its members and provides answers by our board and industry experts. These are general answers meant to provide general responses. Where you have detailed questions specific to your situation, your condo corporation, or involving legal or financing matters, you should always seek professional advice.

A little late-spring cleaning will help save you money throughout the year.

Duncan v. Savoy, 2020 NSSC 331

Professional and Business Partners Directory (CCI-NS Chapter)