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A Section 98 Agreement, also known as an indemnity agreement or an alteration agreement, is required in all situations where a unit owner proposes to make an addition, alteration or improvement (collectively, the Improvement) to the common elements of a condominium. Section 98 Agreements in Condominiums - Sorbara Law sorbaralaw.com resources publication s sorbaralaw.com resources publication s
Section 83(1) of the Act requires landlords to notify the condo corporation of the rental and provide a copy of the lease within 10 days of signing. Renting or leasing a condo - Condominium Authority of Ontario condoauthorityontario.ca leasing-a-condo condoauthorityontario.ca leasing-a-condo
The Act sets out the operational duties of the corporation which include things like keeping records, maintaining common elements and more. The Act sets out guidelines around notice timelines, meeting quorum and voting. The Act sets out general guidelines for how corporations can govern themselves. The Condo Act - Condominium Authority of Ontario condoauthorityontario.ca how-condos-work condoauthorityontario.ca how-condos-work
Amending by-laws Boards agree to pass, change or repeal by-laws by resolution at a condo board meeting. Boards call a meeting of owners about proposed changes. The notice calling the meeting must include information about the proposed changes. Seek board approval at the meeting through a vote on the by-law by owners. By-Laws - Condominium Authority of Ontario condoauthorityontario.ca how-condos-work condoauthorityontario.ca how-condos-work
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