Ontario Real Estate: July 2012 Archives

The previous wordmark of the Government of Ont...

It has been eleven years since Ontario's Condominium Act, 1998 came into force. In that time, the condominium market has changed dramatically in both size and complexity. The Ontario government recognizes that a comprehensive review is necessary to modernize the Act so it reflects the current and future needs of owners, residents and other stakeholders in the condominium community.

On June 8, 2012, the government announced that the Ministry of Consumer Services will launch a review of the Act through a public consultation to identify a comprehensive set of issues and long-term solutions.

The consultation involves working in a new way, through an innovative public engagement approach, with people from the condominium community.

The goals of the review are to:

  • engage and work directly with all condominium stakeholders, including condominium owners and residents
  • build on findings and advice from a broad range of individuals and organizations that have been studying the issues in the condominium sector
  • find long-term solutions that will work for everyone in the years to come
More information can be found here:

http://www.sse.gov.on.ca/mcs/en/Pages/condo_review.aspx


About

The Kingston Real Estate blog is published by Richard Potter of Re/Max Realty Concepts. Richard is a licensed real estate associate in the province of Ontario.

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