Condo Corporations Are Big Businesses

This article emphasizes that condominium corporations are big businesses with a budget in the millions of dollars, and that it is important for condo owners to recognize and understand this. The article encourages condo owners to get involved, learn the process, and hire competent professionals to ensure that condo fees are utilized in an efficient and effective manner. The article also highlights the importance of adherence to the governing documents of the condo corporation, such as the Condo Act, declaration, by-laws, and rules, and electing competent directors.