As we reported in a previous blog, one of the major changes in the Protecting Condominium Owners Act, 2015 is the creation of the Condominium Authority. The responsibilities of the Condominium Authority include:
- dispute resolution services
- condominium director training/education
- creation of a guide for condominium buyers
- education of condominium owners
- maintenance of a condominium registry.
While the Government of Ontario will provide the initial funding of the Condominium Authority, it is intended that the Condominium Authority’s activities will be funded on an ongoing basis by user fees and assessments on condominium corporation.
The Condominium Authority is seeking public comments from condominium owners, residents, managers, directors and other condominium-industry players on the amount of the fees and assessments that the Condominium Authority is proposing. Comments can be made by responding to an on-line survey.
The following fees are being proposed:
$1.00 per month per voting unit assessed against condominium corporations – this fee is intended to cover the cost of delivering the above-described services and will be ultimately charged to condominium owners.
Filing fee of $25.00 to access the Condominium Authority’s online dispute resolution services. If the despite is not resolved through negotiation of the parties, then there will be an additional fee of $50.00 for a mediator and a $125.00 tribunal decision fee. All of theses fees would be non-refundable.
The comment period will close on July 18, 2017. Please click here to access the on-line survey.
