Section 67 of the inium Property Act provides for broad court-ordered remedies in cases of “improper conduct” by, among others, inium corporations. When a court is satisfied that improper conduct has taken place, it may do a number of things to cause that improper conduct to cease.
To have a pleasant condo living experience, keep in mind these legal rights for condo owners. The Right to Access Condo Documents. The Right to Equality and Non-Discrimination. The Right to Notice and Meetings. The Right to Run and Vote During Elections. The Right to Protest.
Set and collect owners' inium contributions (fees). Prepare financial documents such as an annual budget, financial statements, and annual report and provide copies to all owners within the appropriate timeframe. Administer the reserve fund, complete a reserve fund study, report and reserve fund plan.
If the corporation changes existing bylaws not in conflict with the Act or Regulation, or adds new bylaws, then it can only do so by special resolution. If a bylaw is successfully changed, withdrawn, or replaced, the amendment must be filed with the Land Titles Office.
Corporations may pass a special resolution at a general meeting or may use a written vote. An ordinary resolution can only be used to amend bylaws that conflict with the Act and regulations. Any other bylaw amendments or the addition of new bylaws will require a special resolution, as normal.
Pass a resolution. Society members must pass a special resolution authorizing any change to the society's objectives or by-laws, to amalgamate with another society or to continue to another province or country. Get an Alberta NUANS report. Fill out the forms. Send the forms to Corporate Registry.
Changing Your Condo Manager: A Step By Step Guide EVALUATE YOUR CURRENT SITUATION. CONSULT WITH YOUR BOARD. RESEARCH POTENTIAL OPTIONS. SCHEDULE MEETINGS AND GATHER INFORMATION. CONSIDER COSTS. MAKE A DECISION. NOTIFY YOUR CURRENT CONDO MANAGEMENT COMPANY. NEGOTIATE THE TERMS OF THE NEW CONTRACT.
Effective December 1, 2021, all individuals and companies that provide inium management services in Alberta must be licensed by the Real Estate Council of Alberta (RECA).
Alberta has tabled legislation that aims to improve governance in inium communities. Bill 30, the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: inium Property Act. Prompt Payment and Construction Lien Act (PPCLA)
Inium Manager Licensing Effective December 1, 2021, all individuals and companies that provide inium management services in Alberta must be licensed by the Real Estate Council of Alberta (RECA).