Fill Out Those Forms, or Else …?

This article discusses the implications of failing to comply with new statutory requirements for condominium corporations under the amended Condominium Act. It highlights the obligations placed on both management and directors, such as preparing and distributing information certificates, filing annual returns to the Condominium Authority of Ontario, and completing mandatory director training. The article outlines potential consequences for non-compliance, including disciplinary actions for management, legal liabilities for directors, late filing fees, and disqualification of directors who fail to complete mandatory training. It emphasizes the importance of understanding and fulfilling these obligations to avoid legal and financial repercussions.