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May 23, 2016 Marco Graziani

Charge Them!

Fines and penalties are used as a means to ensure compliance in society.  However, unless prescribed under the Condominium Act, 1998, fines and penalties do not apply in the world of condominiums.  Although there was a demand to allow condominiums to issue fines and penalties, when an owner/resident breaches the provisions of the condominium corporation’s governing documents (i.e. declaration, by-laws and/or rules), the proposed amendments to the Condominium Act, 1998 prohibit same.  All is not lost, as a condominium may still rely upon its indemnity provisions to potentially recover the costs it is forced to incur when owners/residents refuse to comply.  For further information, contact mgraziani@finedeo.com.

Marco Graziani

Marco Graziani Associate

B.A., LL.B.

mgraziani@finedeo.com
905.760.1800 x237
905.760.0050

3100 Steeles Ave. W., Suite 300 Vaughan, Ontario, Canada L4K 3R1  TF: 1.888.FINEDEO  P: 905.760.1800  F: 905.760.0050  TFF: 1.888.CONDO55  E: info@finedeo.com
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