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27 December 2016
for an administrator denied, but he got partial costs
This is a very interesting judgment for the following reasons:
1. The owner failed to get an administrator but he was awarded token
equalling 7% of his total legal costs.
2. The owner was given leave to return to the courts to apply for an
administrator if the board backslides in it's duties
to maintain the property.
3. The judge took into consideration the market value of each unit
investment and whether that had deteriorated.
4. The judge concluded that the actions of Board had been sub-standard
past. (I know of dozens of boards who do no
better and many far worse.)
5. Mr. Torok's legal costs were twice as high as the corporation's.
6. Each owner, including Mr. Torok, will need to pay an average of $550
unit for the corporation's legal costs.
rentals attract renters
Here are a couple of online ads that popped up on my computer screen as
I opened a couple of news reports.
As you can see, a person can rent a CityPlace condo unit for 25%
cheaper than a downtown Toronto commercial hotel.
Here is a second ad.
Now the same CityPlace condo unit is compared to a
condo-hotel suite that is right downtown. It looks like One King West
is fighting back with cheaper pricing plus it has a better location.
Can HOA use
minimum credit score to weed out potential buyers?
They can in the United States but they should be careful so they avoid
Gay Author Who
Harassed Ivanka on JetBlue Flight Gets Immediate Payback From Her Fans
Lasner, an urban studies professor at Hunter College who was very vocal
about his distaste for Trump on Twitter, wrote a book in 2012 titled
High Life: Condo Living in the Suburban Century.
Only one of the 106 reviews left on the book’s Amazon page was written
by someone who made a verified purchase in 2013.
The others were written on December 22-25 following the incident with
Ivanka Trump on a commercial aircraft, with several many of the
reviews making personal attacks on Lasner.
Makes it hard to tell if the book, ($17,06 CDN, is worth buying.
Buying a condo so small that the kids can't move back home.
24 December 2016
I wish everyone a wonderful holiday season and a healthy and prosperous
to buy out owners of troubled Burlington condo
Only, I believe, if the city is very generous with concessions or the
owners become more realistic with their demands.
BC vote signals
first condo wind-up approval under new law
Condo corporations in BC can now terminate with only 80% of the owners
agreement. Same as in Ontario.
There seems to be a lot of interest in terminating older condos in the
Vancouver area. I believe that is because the land is so valuable the
developers can offer decent prices for the units.
fire due to smoking on balcony
City of Langley Fire Chief Rory Thompson says the fire was caused by
someone disposing of 'smoker's material' on a fourth floor balcony.
Thompson adds that City of Langley fire crews often respond
to balcony fires that are a result of someone butting out in a planter.
"Smoker's material needs to be disposed of in proper ashtrays," said
Thompson. "Potting soil often contains peat moss which is combustible."
Langley City councillor Rudy Storteboom, who lives in a different
building in the same complex, said it appears the fire-damaged
four-storey will likely have to be demolished and rebuilt.
Judge rules dogs
should not be treated like kids
What a messy divorce. This judge makes so much sense.
Manager Charged with Wire Fraud
Robert Walsh, 37, faces four counts of wire fraud in connection
with a scheme to defraud a homeowners association of $247,000.
thwarts robbery attempt by fatally shooting would-be thief
An Uber driver picks up a passenger from a Florida condo and then,
while the passenger is in his car, gets into s shootout with a two-gun
highwayman and he kills the bad guy. The unexpected joys and thrills of
the sharing economy.
has become one of the easiest forms of petty theft. Porch pirates
operate in the middle of the day, when many residents are at work and
the delivery vans are making their rounds. They tend to follow FedEx,
UPS and U.S. mail workers down streets, on the lookout for packages
they can steal. Some even dress in uniforms to avoid suspicion.
19 December 2016
Condo wins court
case against short-term rentals
This is an important win for all condos that restrict their residential
units to "single family use" in their Declarations and /or have a rule
stating that all leases must be a for a minimum period of four or six
recent Ottawa court decision is only the first step.
One way to truly deter owners and tenants from using Airbnb will be if
the City of Toronto begins imposing significant fines on Airbnb (as a
company) for allowing short-term rentals in buildings that specifically
prevent short-term rentals.
to this court decision
Some things to consider about short-term condo rentals:
Remember, condos are not hotels. They are versatile homes with
conveniences and amenities that make them truly unique properties and
smart investments. You can get a lot from a condo, but you want to plan
|What does your condo’s
declaration say about short-term rentals? Is it
permitted? Could you be sued? On average, a short-term rental is
anything less than six months.
|Think about insurance. If you
have property insurance, the coverage may
not extend to rental coverage on a short-term basis. Damage to walls,
floors, appliances, etc. might not be covered, and who’s liable if your
guest skips town after a single night?
|Do some research into the
percentage of owner-occupants. Buildings with
majority owner-occupied units tend to be less open to short-term
rentals. But buildings with high renter-occupants, such as the condos
in CityPlace, might be more welcoming to short-term rental
Major fire in
Langley condo, residents homeless
Last week there was a serious fire in a low-rise wood frame condo in
Langley. Eighty-six families were made homeless and it will take 18
months to two years before they can return home.
Condo Lessons of 2016
A list of condo legal issues from Michelle Kelly.
Condo buyers in
Condo inspection alert: Before purchasing a condo, potential buyers
should find out if the building is subject to inspection under 2015
amendments to the Quebec building act, Canada Mortgage and Housing
Corporation advises in a report made public today.
CMHC estimates about 1,400 condo and rental buildings in the Montreal
area are subject to the regulations that were amended in the interests
of public safety. Now required: mandatory inspection and maintenance of
facades for buildings with five or more storeys or multi-storey garages.
The cost of the inspections, and any problems they might detect, is
something building owners need to be aware of, CMHC said. Inspections
alone could run as high as $15,000 per building, it said, a cost
condo owners would have to shoulder collectively.
If dangerous conditions are detected, the Régie du bâtiment du Québec
needs to be informed and the required work performed.
“Owners (and co-owners) will naturally be responsible for managing the
inspection and repair operations and paying the associated costs. They
will therefore have to take into account this new reality in their
annual planning,” CMHC said.
Diana Kelly, 54,
arrested by Garner Police on 25 counts of embezzlement
The owner of Kornerstone Community Management in North Carolina has
been charged and is now out on bail.
prison, but Clearwater condo owners still paying the price
Although the mastermind of the failed Grand Venezia luxury resort
project in the Clearwater Cay Development District is serving a 40-year
federal sentence for fraud, residents of the 336-unit complex are still
paying for his crime.
to keep evicted nuns from moving soup kitchen into SF condo
A rich man buys the nuns an expensive condo unit so they can keep their
soup kitchen going. However residents at the condo at 1930 Mission
Street are trying to
block the nuns from relocating their soup kitchen to the building.
HOA board members brawl during Christmas party
Cops called but no charges will be laid.
There are more news stories on the CondoMadness Twitter page.
13 December 2016
Condo manager to
Rhonda McCarthy, accused in Collingwood condo fraud case expected to
enter plea in February.
moving into One Bloor
The first residents are moving into the massive condo tower at One
Bloor East. The building is still a construction zone but the occupancy
period has started for a few owners.
771 Yonge Street
A developer is planning a new condo towner at 771 Yonge Street, just
two buildings north of One Bloor.
The proposal is for a 48-floor tower with 257 units residential units a
combined 26 autoshare and residential
parking spaces plus 291 bicycle parking spots. The building is beside
two subway lines.
“Super nice guy”
accused of HOA fraud
Most organizations that have been victims of embezzlement don’t
prosecute, said Ruth Crane, managing partner for Auditors Inc, the
Maryland-based company that owns embezzlement.com. “It’s a time drain,
it’s expensive and it gets your name in the paper. And God knows, you
don’t want your name in the paper,” she said.
Another reason for the reluctance to prosecute is that the organization
bears some responsibility for the theft, Crane said. They don’t put in
the checks that would deter embezzlement. They make it easy for the
person to become a thief, Crane said. And then when the board members
or owners suspect something is amiss, they stick their heads in the
sand and refuse to acknowledge what’s going on.
• Condo fire victims may have 2 year wait in Langley City.
• Langley condo fire could have been prevented by sprinklers on
• 9 St. Boniface residents oppose low-rise riverfront condo complex.
• Roommate of North Attleboro condo owner charged in setting fire.
• Airbnb is banned from more and more Chicago condo buildings.
• Thieves use key to access mail in Surrey townhouse complex.
• Texas law firm sues over negative online review; Gets what it
06 December 2016
says report altered, unflattering photo removed
The criminal trial over the report that an engineer prepared weeks
before the roof at the Algo Centre Mall
in Elliot Lake collapsed is ongoing. The trial should be completed by
the end of this year.
A CondoMadness reader in Elliott Lake wrote:
knew about the leaks at the mall, problem was that no one cared, just
like no one cares about the problems in condominiums.
Carol Hughes and Michael Mantha MPP
both had offices at the mall. How could they can ignore buckets all
over the mall every day? Are they blind?
City, health & safety were all
oblivious to the problem. Just amazing how the system works. There is a
petition going on to prosecute more people whether this will happened
or not I have no idea.
They are all hypocrites focusing only
on one man.
Mr. Write engineering advice to our
condo was to install siding over the bricks to prevent water leaks that
was in 2009, and board did nothing. The basements are still leaking
because of deteriorated bricks. No matter what anyone says no one does
anything about anything.
allegedly caught on camera having sex in tenant’s bedroom
The landlord allegedly used the tenant’s wedding dress as a towel to
clean up the
mess. His tenants had hidden video cameras in the unit. The husband saw
the sex act live on his cellphone.
treasurer accused of embezzling $200,000
Mr. Stamper said, when he joined the board a couple years ago, he could
tell something was wrong. But, he said many of the longtime board
members did not want anything reported.
“We just told them we don’t need your permission to file a police
report and we’re not going to be involved in a cover up,” Stamper said.
An audit has uncovered dozens of checks cashed since 2008 written by the
treasurer, signed by the treasurer, endorsed by the treasurer and
deposited into his personal account. One check was for $17,800.
Board members said he also cleaned out a CD account that had more than
$44,000 in it.
Stamper and two other board members took it upon themselves to write
letters and send them to approximately 550 homeowners in Summit Place
letting them know what’s going on.
Two things really stand out. The
first is that the treasurer had the ability to write cheques to
himself. The second is that the long-serving board members wanted the
embezzlements covered up. —CondoMadness
Special districts spend more public money than all city governments
combined. That's odd considering most of us don't know they exist. A
"Tonight with John Oliver" video.
Owners of undies
stolen by man at Penang condo urged to reclaim them by end of next week
All kinds of people live in condos; both saints and weirdos. A resident
in a Malaysian condo stole women's underwear.
As you will read, returning the stolen goods was not so easy.
• Boy, 13, charged in Baltimore carjacking in a condo parking garage.
• Cambridge 10-Alarm Fire Contained, 50-60 People Displaced.
• Victoria mayor: Those who are pro-condo development verse the NIMBY.
• Rents through the roof in Sydney's Airbnb hotspots.
• N.L. privacy commissioner blasts harassment with camera drones.
• More schools needed near Toronto condos.
• The marketing hype for Vietnam condos just like here.
• Dropping the curtain on a Chinese opera singing neighbor. Oh my gosh.
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