Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Choose your role:
Category:
Save this article >
A Director's Dozen
Author:
Gerald R. (Jerry) Genge
Publication date:
May 5, 2022
Article Summary:
The provided text is an article titled "A Director's Dozen" from the Spring 2022 issue of CCI Toronto Condovoice Magazine. The article discusses 12 important things that directors should know about paying for building repairs after the major changes to the Ontario Construction Lien Act, now known as the Construction Act, in 2018. The changes include prompt payment provisions and the right to adjudicate for non-payment. The article highlights the implications of these changes for condo owners, contractors, and management firms, emphasizing the importance of complying with the new Act's requirements.
Keywords:
Director's Dozen, CCI Toronto Condovoice Magazine, Spring 2022, Ontario Construction Lien Act, Construction Act, building repairs, prompt payment provisions, proper invoice, payment clock, payment adjudication, adjudicators, lien provisions, trust account, payment changes.
Source Citation:
Gerald R. (Jerry) Genge
A Director's Dozen
May 5, 2022
Did you find this article useful?
Your feedback is important not only to us, but to all the other key players in the condo industry. Help us by letting us know if this article is relevant and useful. This will help us prioritize articles that provide helpful guidance to other key players like you.
Please login to use this feature.
