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Conflict of Interest Conflict

Toronto Condo News
Publication date:
September 25, 2019
Article Summary: 

The article discusses the concept of conflict of interest in condo communities and the examples of conflicting interests faced by condo directors. It highlights that earning income through charging fees to vendors or condo corporations is not a conflict of interest, but it arises when a director is involved in a decision that can benefit them directly. The article suggests that establishing an organization funded by condo corporations and representing their mutual interests would be a more effective approach to avoiding conflict of interest situations. However, such an organization is unlikely to be established soon, and condo directors should evaluate information considering the potential for conflict of interest.


Conflict of interest, condo communities, condo directors, compensation, affiliations, expertise, decision-making, mutual interest, representation, organization.

Source Citation: 
Toronto Condo News
Conflict of Interest Conflict
September 25, 2019
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