Knowledge is Power!
Many condo owners purchase their homes without understanding this product in detail and how their homes are governed and regulated. Unlike a single detached home, a condo owner cannot make an individual decision to change his roof, siding, windows, fence, etc. In a condominium, all decisions are made by the Board of Directors (BOD) typically elected by the owners.
Making a decision to buy a condominium is a life-style and life-changing choice, therefore, we encourage new and existing owners, board members and managers to learn as much as possible the implications of this purchase so that they work together to enhance the value of properties and eliminate the possibility of disputes, litigation and financial hardships for all parties involved.
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Recent News
Bill 53 Passes – Green Light To Hold Meetings Virtually
On March 26, 2021, Bill 53 received Royal Assent in Alberta and is now in effect. Condo corporations can officially schedule their Annual General Meetings (AGM) and Special General Meetings (SGM) without… Read More