Ontario Condo Laws

Determining Termination and reconciling s. 112 + 97 of The Condo Act with Common Law. While still a live topic, Canadian Common law currently implements a very high hurdle to take advantage of section 112 of The Condo Act, which outlines the ability of the Condo Corporations to walk away from agreements that were made in the developer stage of the construction process. Details: The fact that The Condo Act was made with the purpose of protecting owners from "sweetheart deals" and recent amendments have made attempts to lower the hurdle, imply that if brought to the Supreme Court, would favor the Condominium Corporation. With respect to the termination costs for a Condo Corporation within the first year , Halton Standard Condominium Corp. No. 627 v. Grandview Living Inc. is the leading precedent. In Grandview Living , The developer brought in long term energy related agreements which the Condo Corporation had no interest in entering into. From there it was foun