Condo Reporter - Condo Abuse of Power- Board of Directors - Comments http://www.condoreporter.com/ Toronto Attorneys & Lawyers : Condominium Law Management Services : Bylaws, Boards, Developers : Heenan Blaikie LLP Canada en Copyright 2012 Sun, 30 Sep 2012 18:29:41 -0500 Sun, 30 Sep 2012 18:29:41 -0500 http://www.sixapart.com/movabletype/?v=4.32-en http://blogs.law.harvard.edu/tech/rss Kevin Walton A competent board operating responsibly can have a very significant positive impact on quality of life, operating costs and real value of owner assets. The board can be supported substantially by a responsible property management firm that implements and performance manages appropriate auditable management controls in its operations. It is worth the relatively small amount of time and effort to ensure that both are in place.

]]> http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#175370 http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#175370 Board of Directors Sun, 21 Nov 2010 20:19:07 -0500 Denise Lash Muriel Krizanc It's a totally different topic. It seems to me that I read in the condo act somewhere, that
boards of directors under the Ontario Condominium Act had the ability to make purchases
to the tune of 10% of their annual operating budgets without permission from a meeting of
owners. I have scan read the condo act and haven't been able to find the section to point out to some of the directors (who never read the act at all, it seems) but who went through an elaborage exercise to be able to purchase above the terms of reference of an arcane document that precedes the act "Articles of Incorporation." My instince tells me,
(rightly or wrongly) if they would read the act now and then, they would not have needed to do that. I don't know whether or not this is the appropriate place to ask a question. If not, please forgive.

]]> http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#180650 http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#180650 Board of Directors Sun, 21 Nov 2010 20:19:07 -0500 Denise Lash Denise Lash Muriel, I think you are referring to Section 97 of the Condominium Act which allows the board of directors to carry out a change to the service, asset or alteration to the common elements with notice to the owners, if the costs are between 1% and less than 10% of the annual budget. Notice has to be given to the owners, though, and the owners have a right to requisition a meeting.

If the owners do not requisition a meeting within 30 days of the notice, then the board can proceed. Denise

]]> http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#180653 http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#180653 Board of Directors Sun, 21 Nov 2010 20:19:07 -0500 Denise Lash a director What is the remedy when a director fails to follow the code of ethics?

]]> http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#192312 http://www.condoreporter.com/board-of-directors/just-posted-httpwwwthestarcomnewscrimearticle892321--misconduct-charges-stayed-against-toronto-offic/#192312 Board of Directors Sun, 21 Nov 2010 20:19:07 -0500 Denise Lash