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Choose your role:
Sharma v. Toronto Standard Condominium Corporation No. 2510
Corporation:
Date:
2024-08-02
Summary:
This case concerns a dispute over a condo owner's request to access corporation records, including invoices, contracts, and other financial documents. The Condominium Corporation refused to provide these records, leading to a hearing before the Condominium Authority Tribunal (CAT).
Under:
Records
Verdict:
The CAT ruled in favor of the condo owner, ordering the Condominium Corporation to provide the requested records and pay a penalty for non-compliance. This decision emphasizes the importance of transparency and accountability in condominium management.
Takeaways:
- Condominium corporations are obligated to maintain and provide access to certain records upon request by a unit owner under Section 55 of the Condominium Act, 1998.
- Failure to comply with a request for records can lead to a hearing before the CAT and potential penalties.
- It is within the rights of a unit owner to request access to records such as invoices, contracts, and other financial documents.
Recommendations:
- Condominium boards and managers should familiarize themselves with the record-keeping obligations under the Condominium Act, 1998.
- They should also implement a clear and efficient process for responding to record requests from unit owners to avoid disputes and potential CAT hearings.
- It would be beneficial to seek legal advice when unsure about the applicability of Section 55 of the Act to certain records.