top of page
< Back

Save this article  > 

Birth of a Condominium Corporation: Perils

Nicholas Fuss
Publication date:
July 30, 2021
Article Summary: 

The article highlights the challenges faced by new condominium owners due to issues arising from the rapid construction of buildings with little foresight into long-term ownership. Developers often prioritize quick turnover, resulting in poorly completed buildings with extensive problems that require costly repairs. The gap between Developer turnover and the new owners' involvement in the condominium corporation leaves them ill-equipped to handle growing pains and address building issues. To improve the situation, the article suggests involving outside consultants to conduct technical audits and identify building conditions, potential costs, and best practices. Some Developers cut ties after turnover, leaving owners with significant expenses and legal battles. To address these issues, consultants advocate for third-party quality assurance during construction to ensure high standards and long-term investments in the buildings.


Condominium Corporation, New Construction, Developer Turnover, Quality Assurance, Technical Audit, Building Issues, Consultants, Long-term Ownership, Quality Product, Third-party Involvement, Construction Standards, Building Problems, Costly Repairs, Legal Battles.

Source Citation: 
Nicholas Fuss
Birth of a Condominium Corporation: Perils
July 30, 2021
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.

bottom of page