The new Act is a gold mine

The new Protecting Condominium Owners Act 2015 will be a very complicated Act and there are so many changes being made that very few people will understand it, especially in the first years after it passes.

Therefore, everyone will be looking to their lawyers for guidance. The legal fees will be huge and lasting as the condo industry, the condo boards and the owners will require the lawyers to:
• Help with training courses on the new Act for everyone in the industry.
• Re-write many condo corporation's by-law packages.
• Review the condo reports that will be submitted to the Condo Register.
• Represent property managers at disciplinary hearings.
• Represent condos at the new tribunals.
• Represent the parties at more mediation and arbitration hearings.
• Challenge Tribunal decisions to Divisional court.
• Superior Court applications will remain, if fewer in number.

Here is an article in The Lawyers' Weekly where the lawyers who helped the ministry draft the new Act are licking their chops just thinking of all the money that is to be made.

Training directors
In a press release, CCI stated:
“The Canadian Condominium Institute has been front and centre in providing director education since 1982 and we anticipate that despite mandatory education being offered through a newly formed Condo Authority, CCI will continue to be a long term source of ongoing training for directors,” said Tania Haluk, chair of CCI’s Ontario caucus, in a press release.


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