Governance and owner responsibilities
Governance
Condominium concept: governance overview
Condominium refers to a type of home ownership, whereby an individual acquires ownership of a unit, together with an undivided ownership interest in t...
The board and AGM
The Board of Directors consists of five directors elected at the Annual General Meeting of the Corporation. The Board of Directors meets regularly to ...
Declaration and by-laws
Rules
The following Rules made pursuant to the Condominium Act, 1998, S.O. 1998, C.19 (the “ Act ”) shall be observed by all Owners and any other person(s) ...
Condominium Economics: Reserve Fund
This article is meant to clarify how ICE Condominiums’ reserve fund works, and the condominium’s perspective on its ability to fund projects to keep t...
Owner Responsibilities
Damages
The purpose of this section is to refer unit owners and occupants to relevant areas of the governing documents of TSCC 2510 as they pertain to repairs...
Leasing your unit
The Condominium Act, 1998 - Section 83, The owner of a unit who leases the unit or renewal a lease of the unit shall, within 30 days of entering into ...
Condo finances and chargebacks
Common element fees are derived from the Corporation’s annual budget. The annual budget covers all the operating expenses of the corporation and contr...