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May 24, 2012 Jonathan H. Fine
Posted in condominium act

Should We Consult Our Lawyer? Good News and Bad News

The bad news is that as a director, you may be liable to the other owners for poor decision making if the condominium corporation suffers a loss. The good news is that if you obtain your lawyer’s (or other appropriate professional’s) opinion, the Condominium Act, 1998 protects you against any liability for imprudent, careless or negligent decisions. Consulting your lawyer (or other professional) for the appropriate opinion is like an insurance premium paid to protect the board.

Jonathan H. Fine

Jonathan H. Fine Partner

B.Sc., J.D., F.C.C.I.

jfine@finedeo.com
905.760.1800 x226
905.760.0050

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