Standard Unit By-law Upgrades

The article discusses the Standard Unit By-law (SUBL) and recent updates to its provisions. The SUBL can be adjusted to protect corporations from incurring excessive insurance deductible amounts. The article also addresses potential changes to section 105 of the Condo Act, which would limit an owner's responsibility for damages to circumstances where the Corporation can prove that the owner caused damage. The article advises corporations to proactively consider damage prevention methods, such as replacing Kitec piping, and enhancing the Corporation's rights of entry to undertake inspections of units for potential hazards.