Great News! Condo Doc's prices capped! Some long awaited good news for condo owners!!
Hon. Nate Glubish announced the updated condominium regulations that will come into effect January 1, 2020. These regulations have changed from what was planned by the previous administration to roll out July 1, 2019. Minister Glubish delayed the regulations to give time for review under government’s mandate to remove unnecessary red tape.
Of note, condominium corporations must provide all required documents to condo owners electronically free of charge. Information statements will be available for up to $100 (or $150 if required within three days). Documents that aren’t required or documents requested by third parties can be provided electronically at a charge of $10 per document. For example, a full fiscal year package of minutes will be available electronically for $10.