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ARTICLE · 30 JANUARY 2019

Phase II Changes To The Condominium Property Act

On December 14, 2018, substantial changes were announced for Alberta's Condominium Property Act and Condominium Property Regulation

CanadaReal Estate and Construction

On December 14, 2018, substantial changes were announced for Alberta's Condominium Property Act and Condominium Property Regulation. The changes will come into effect July 1, 2019 and Jan 1, 2020. Some highlights of the new laws are:

Transparency and Record Keeping: The Corporation has to keep more documents for specified periods and any Owner can request and copy the Corporation's records.

Document Fees: Document request fees are capped at $10.00/ per document (with the exception of estoppels which can be charged at $100). There are exceptions for "rush" requests.

Annual General Meetings and Save the Date: AGM notices must include copies of all board minutes for the last year and the Board has to send a save the date notice for AGMs to owners 60 days in advance.

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