What legislation governs condominium operations and responsibilities?

Prepare for the Ontario Condominium Management License Test with flashcards and multiple choice questions, each equipped with hints and explanations. Get ready for success!

The legislation that governs condominium operations and responsibilities in Ontario is the Condominium Act, 1998. This Act provides the legal framework for the creation, management, and operation of condominiums, including the rights and obligations of condo owners and the responsibilities of condominium corporations. It outlines various important aspects such as governance, financial management, and dispute resolution, which are essential for the smooth operation of condominium communities.

While there have been amendments and discussions surrounding the management of condominiums in subsequent years, the 1998 Act is specifically recognized as the foundational legislation that addresses these concerns. It is crucial for anyone involved in condominium management to have a thorough understanding of this Act to ensure compliance and effective governance within the condominium community.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy