Tag Archives: Ontario Condominium Act

Second Opinion on Reserve Funds

Gerry Hyman has another article for the Toronto Star.  Let’s discuss some of the questions: QUESTION:  Our board has received a reserve fund study which, if implemented, will bankrupt our corporation. We directors believe that the numbers in the study … Continue reading

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Condominium Directors Need to Address Conflicts of Interest

Gerry Hyman has another article for The Toronto Star.  Let’s look at the questions raised: QUESTION:  Our board wants to move our energy services from Toronto Hydro to another energy company that provides services to our building. The president of … Continue reading

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Professional Property Management Services are Well Advised

Gerry Hyman has another article for the Toronto Star.  Let’s discuss the questions raised: QUESTION:  Is it legal for a small condominium of 24 units not to have a condominium manager? ANSWER:  Yes. A condominium corporation of any size may … Continue reading

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Board Required to Produce Funding Plan for Reserve Fund

Gerry Hyman has another article for the Toronto Star.  Let’s discuss the questions: QUESTION:  Is it illegal for the board to budget less for contributions to the reserve fund than the amounts specified in the reserve fund study?

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Owners can Remove Directors not Officers

Gerry Hyman has another article for the Toronto Star.  Let’s discuss some of the questions raised: QUESTION:  We are wondering if the condominium unit owners have the right to vote for the removal of the president of the board? The … Continue reading

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Budget Should be Circulated to Owners

Gerry Hyman has another article for the Toronto Star.  Let’s discuss some of the questions raised: QUESTION:  When a board issues a budget to the owners for the upcoming year, would it be proper procedure to also send the owners … Continue reading

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Board Minutes Should be Vetted

Gerry Hyman has another article for the Toronto Star.  I want to discuss two of the questions raised: QUESTION:  Our board posts minutes of directors meetings on a publicly viewed bulletin board. At a recent meeting, the board discussed our … Continue reading

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Condominiums Required to Maintain Common Elements

Gerry Hyman has another article for the Toronto Star.  Let’s discuss two of the questions: QUESTION:  We own a unit in a large, old condominium. We have had little or no heat, or hot water, for a long time and … Continue reading

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Removing a Board Director is Still Hard

Gerry Hyman has another article for the Toronto Star. I want to discuss one of the questions raised: QUESTION:  Some of the owners in our condominium want to remove the director who serves as the board president. If we cannot … Continue reading

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Proxies Abuse is Alive in Condominiums

Gerry Hyman has another article for the Toronto Star.  Let’s discuss the two questions raised: QUESTION:  Myself and another candidate recently ran for election to the board against two incumbent directors. The incumbents won, and one of the scrutineers advised … Continue reading

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