A recent Superior Court decision is an important new “piece of the puzzle” respecting second-hand smoke and respecting chargebacks for enforcement costs. Continue reading “Second-Hand Smoke – What Are the Rights and Obligations?”
As mentioned in a recent blog, we are seeing rising insurance premiums and deductibles for many condominium corporations. What does this mean for your status certificates? Continue reading “Insurance Premiums, Deductibles and Status Certificates”
Ontario condominium corporations are obligated to arrange insurance (against certain perils noted in Section 99 of the Condominium Act, 1998 – the Act) covering the common elements and the standard units. Continue reading “Deductibles on the Corporation’s Insurance – a Primer”
I think it’s fair to say that condominium insurance (insurance obtained by condominium corporations) is currently in crisis. Insurers have been dropping out of the market. Premiums are dramatically increasing. Deductibles are dramatically increasing. And some condominium corporations are even having trouble obtaining insurance. [There are condominiums in Ontario and BC that are simply not able to get insurance. At least one condominium has an annual premium of $1,000,000! At least one condominium has a $1,000,000.00 deductible!]
Is there an answer? Continue reading “The Crisis in Condominium Insurance”
The CCI Eastern Ontario Chapter will be hosting its mid-winter seminar titled “Lawyers, Guns and Money” – an occasion to review noteworthy condominium court decisions from the past year.