CONDOBYTE - Dealing With Your Condominium Board of Directors

What protections does a unit owner have if she/he feels the board of directors is acting improperly? The Condominium Act, 1998 contains adequate safeguards and remedies inform and protect a disgruntled condominium unit owner including: a.  a mandatory appointment of auditors and audit of financial affairs: b.  the right to inspect certain of the condominium corporation’s records for certain purposes; c.  the right to requisition a meeting to consider stated business; d.  the right to remove directors by a vote of owners; e.  the right to commence proceedings to require compliance with a legal duty contained in the Condominium Act, 1998, or the condominium corporation ‘s declaration, by-laws or rules; f.  the right to commence proceedings for an oppression remedy order; g.  the right to apply for the appointment of an inspector or an administrator; h.  a statutory standard of care on directors (see paragraph 98 infra) plus conflict of interest rules; and i.  the requirement that unit owner votes are required for certain actions.

2009-06-24T02:38:11-04:00

What protections does a unit owner have if she/he feels the board of directors is acting improperly? The Condominium Act, 1998 contains adequate safeguards and remedies inform and protect a disgruntled condominium unit owner including: a.  a mandatory appointment of auditors and audit of financial affairs: b.  the right to inspect certain of the condominium corporation's records for certain purposes; condobyte-dealing-with-your-condominium-board-of-directors

2009-05-05T00:00:00-04:00

2009-06-24T02:39:14-04:00