This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Act Form 5 In Wake
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State:
Multi-State
County:
Wake
Control #:
US-00452
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Word;
Rich Text
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FAQ
Condo corporations can now conduct virtual or hybrid meetings and votes without the need to pass a specific bylaw. This change, which came into effect in 2023, makes it easier for condos to hold meetings electronically, building on the practices many condos adopted during the COVID-19 pandemic.
Determining Responsibility Condo corporations. Are generally responsible for repairing damage to common elements and standard unit elements. Owners. Owners are responsible for repairing damage to decorative or non-standard unit elements. Amendments.
Can a condo board evict an owner in Ontario? No, a condo board can't evict an owner in Ontario. Ontario's recent inium Act doesn't give a inium corporation the authority to force an owner to sell his unit or expel them from his or her unit.
Section 58 (2) of the Act provides: “The rules shall be reasonable and consistent with this Act, the declaration and the bylaws.” Rules made by a condo corporation board of directors take effect 30 days after notice of them is given to the unit owners unless the unit owners require a meeting of owners which can amend ...
As of October 1, 2023, significant changes were made to The Condo Act of Ontario through Bill 91, the Less Red Tape, Stronger Economy Act, 2023. The updates represent the changes designed to simplify business operations and further enable virtual processes for condo corporations across Ontario.
Section 117 of the inium Act, 1998 (the “Act”) prohibits “dangerous activities” which in the past have been limited to the most egregious conduct.
Section 97(1) of the Act speaks to the inium's ability to carry out its obligations to repair and maintain the common elements using materials that are reasonably close in quality to the original as is appropriate in ance with current construction standards.