Buyers Of New Condominiums Should Look Closely At Who is Actually Building Their Condominium

We recently came across a CBC article involving a building deficiency claim at a Calgary condominium that we found interesting. According to the article, the facts are as follows:

  1. The condominium corporation, Panorama West, discovered significant building defects.
  2. To seek recovery of the costs associated with remedying the deficiencies, Panorama West commenced a legal proceeding claiming $6.5 million dollars.
  3. However, the “well known” developer that marketed the development is not named as a Defendant as it was apparently not directly or legally involved in the construction or development of the condominium.
  4. Instead, a separate partnership was created for the purpose of completing the construction and development of the condominium.
  5. Following the condominium’s creation, the development partnership was dissolved, meaning that it is unlikely that there are any assets available for the condominium to collect from, even if it is successful in its claim.

Continue reading “Buyers Of New Condominiums Should Look Closely At Who is Actually Building Their Condominium”

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Correction: Although the Green Energy Act is Repealed, Condominium Obligations to Report Energy and Water Use Remain

In an earlier blog post this week, we mentioned that the repeal of the Green Energy Act on January 1, 2019, did away with the requirement for condominiums in Ontario to report their energy and water use.

Well…that was wishful thinking on our part unfortunately! Continue reading “Correction: Although the Green Energy Act is Repealed, Condominium Obligations to Report Energy and Water Use Remain”

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