| Can we keep bad condo board president away? A former board president of our condo ( along with 2 other members) was legally forced to step down due to negligence several years ago. |
| She and the other board members refused to maintain the property which resulted in extensive repair costs and assessments to unit owners once the new board took over. It was nearly impossible for anyone to finance a unit through a bank because of the condition of the property. Many of the needed repairs have been made and are still ongoing. |
| This person is now trying to get back on the board. Is this legal? How can she be stopped? |
| If she is promising to lower your the condo's monthly maintenance expenses, she'll have an excellent chance of winning. —CondoMadness |
| "Now that it's becoming legal it's leaking into the hallways, getting into the ventilation system," she said. "I can't control my environment." |
| But Schroder's situation is "life-threatening," she said. "Who is
qualified to decide anything in the circumstances of peoples' rights
and whose are more important than others?" https://bit.ly/2NsgimI |
| They also have condo reviews
where you can post and read reviews on condos in the GTA. The best
reviews are posted by renters as they say it as it is and are not
worried about hiding things from potential buyers. https://condoessentials.com/ |
| I asked the manager why his company does not run an orientation class,
so that when a board starts to work, it actually understands how the
property is supposed to operate. |
| You can imagine the look I got. In condoland it is the only place where I have been a director and you just show up. Reading the Act, the Declaration, by-laws and rules isn’t needed. Those things just get in the way. The owners don’t know or care either. |
| Rules are for other people, sadly is the operating principle so many have adopted. R—Brampton |
| Prosecutors say the couple made unauthorized transfers from accounts of HOA clients of Eagle Property Management Inc. for personal expenses. |
| Their two daughters and a former son-in-law have already pleaded guilty in the case. All four will be sentenced next year. https://bit.ly/2QFJapK |
| Residents are now forced to turn to others, like the American Red Cross, for help as they begin the difficult task of starting over. |
| “I’m speechless now,” resident Zouhair Nouty said. “I can’t think, I can’t tell you what’s going on or what’s gonna happen.” https://bit.ly/2D7ADt2 |
| Should not be much of a surprise as condo owners may want to insure that their guests aren't stealing or their units are not being damaged. |
| However, the odd time, the motive may be nastier than that. https://bit.ly/2p92vmQ |
|
Why should future condo owners be forced to deal with affordable rental units in their condo buildings? https://bit.ly/2MlML93 |
| However, Chinese netizens digging up their identities and harassing
them on social media and over the phone. Soon, one of the women wrote
on Weibo that they wanted to “seek forgiveness,” apologizing to the
apartment owner and saying that they were willing to pay compensation. https://bit.ly/2NIc2in |
| The brokerage claims, in a statement to Global News, that it had a signed deal with the seller “which provides that our commission is payable upon acceptance of a satisfactory offer, even if the deal doesn’t close.” |
| Hans Ohrstrom, broker of record at HomeLife Eagle Realty, Inc., sent a
bill for $45,765.00 to Nemeth in February of this year. A month later,
he sent her a revised bill for $30,510. When Nemeth refused to pay
either invoice, on the advice of a lawyer, Ohrstrom’s company reduced
its claim to $25,000 plus HST in order to be able to sue her in small
claims court. https://bit.ly/2wWhkfZ |
| We had a $40,000 flood because some idiot decided to change his kitchen faucets while the plumbing line was being repaired. His stack got a notice that the water would be shut off in that line for the day, so he thought great time to change the faucets. He disconnected his, then went to the store to get a new one and guess what? The stack repair was completed early and they turned the water back on. Our deductible is $5,000. |
| Buyers in a cancelled Vaughan
condo project are asking a court to declare their contracts void so
they can sue the developer for the appreciation they lost in the two
years between when they bought the pre-construction units and when
their deposits were returned. |
| stay within those contract
rules, even in the kind of heated real estate environment that the
Toronto area experienced when the Cosmos units went on the market. |
| The court application notes that
Liberty is now planning a new condo project adjacent to the Cosmos site
at Vaughan Metropolitan Centre and it is redeveloping the Promenade
Mall near Bathurst St. and Clarke Ave. in Vaughan with 1,006 condos in
three towers, a hotel and commercial space. https://bit.ly/2CDzn0x |
| Sondor
Canada leases higher-end condos units and other rentals and then
short-term rents the units on Airbnb & other websites. |
| The idea is to take business away from hotels and ordinary short-term rentals. |
| The company rents 2,200 apartments from real estate owners in 14 cities
in the United States, Canada and Europe and, in turn, offers them up
online for short-term rentals to business travellers and vacationing
families. Sonder positions itself as a better quality experience than a
typical rental through Airbnb – and a more distinctive stay than a
typical hotel offers. |
| For a condo investors, this may
be a safer way to get cash-flow than either leasing the unit
(rent-controls & bad tenants) or short-term renting the unit on
their own. https://tgam.ca/2P57D6n |
| Email: | TRakocevic-QP@ndp.on.ca |
| Address: | Room 330, Main Legislative Building, Queen's Park, Toronto, Ontario, M7A 1A8 |
| Telephone: | 416-326-7585 |
| With only 17 units in a seven storey condo built in 1992, the owners of
Fiona Court don't seem willing to spend $170,000 each, or more, on
fixing the water leaks and removing the mould. https://bit.ly/2NYv80Q |
| Even worse, it’s all too common for condo and homeowners’ associations to ignore defects, damage to infrastructure, and environmental contaminants, simply to avoid the cost of fixing problems. |
| Condo boards are sometimes more
fearful of making the unpopular short-term decision to raise
assessments, than they are of the long-term financial, health, and
safety consequences of delaying repairs. |
| Owners can avoid special
assessments for deferred maintenance by passing that obligation to
their successors. It happens when assessments are kept artificially low
by the present owners which defers funding for repairs to later owners
who have no voice in those earlier decisions and who have no idea what
they are buying into. https://bit.ly/2oRhIbI |