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Why the Condominium Authority of Ontario Exists

Author: 
Toronto Condo News
Publication date:
May 26, 2018
Article Summary: 

The Condominium Authority of Ontario (CAO) was established by the Provincial Government to address serious concerns identified in the 2,000 submissions received during the update of the Condo Act. The CAO aims to minimize issues before they become disputes by providing education, mandated reporting and disclosure of information, and a tribunal for handling disputes that arise. The funding for CAO comes from mandatory fees assessed to condo corporations based on the number of units, and additional fees are paid for access to the tribunal to resolve disputes.



Keywords: 

Condominium Authority of Ontario, Condominium Management Regulatory Authority of Ontario, Condo Act, Retirement Homes Regulatory Authority, community building, education, reporting and disclosure, Condo Authority Tribunal, mandatory fees, disputes.

Source Citation: 
Toronto Condo News
Why the Condominium Authority of Ontario Exists
May 26, 2018
https://tocondonews.com/archives/why-the-condominium-authority-of-ontario-exists/
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