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13 results

Tags: condominium corporations

Views: 4005
Updated

September 1, 2020

Description

As of January 1, 2020, condominium corporations must provide a standard insurable unit description (SIUD) to their insurance provider and all unit owners. The SIUD is a description of what the corporation's insurance will cover. This fact sheet explains how to create an SIUD, and the information...


Views: 211
Updated

July 1, 2020

Description

The Condominium Property Regulation allows condominium corporations, in certain emergency situations, to access reserve funds to cover operating fund shortfalls resulting from declared states of emergencies such as a public health emergency, wildfire, or overland flooding.


Views: 305
Updated

June 30, 2020

Description

Provides an overview of the process that a condominium corporation must follow if it decides to raise money for the corporation’s expenses using a special levy.


Views: 3514
Updated

June 30, 2020

Description

This publication reflects amendments to the Condominium Property Act and its regulations affecting condominium corporations and unit owners. These changes become effective January 1, 2018.


Views: 789
Updated

February 1, 2020

Description

This fact sheet looks at the regulations that came into effect on January 1, 2020, which clarify when a condominium corporation in Alberta is eligible to recover insurance deductible costs.


Views: 3595
Updated

January 9, 2020

Description

Explains a special exemption for changing corporation bylaws so they do not conflict with updated condominium legislation, effective January 1, 2020. The exemption provides a one-year “window,” for corporations to amend their bylaws by ordinary resolution if their bylaws conflict with the amended...


Views: 2266
Updated

December 17, 2019

Description

This fact sheet looks at the rising cost of condominium insurance, the government's role regarding property insurance, and what condominium corporations and owners can do in response to these rising costs.


Views: 1933
Updated

December 17, 2019

Description

This fact sheet looks at the steps condominium owners can take to resolve disputes with condominium boards, and with condominium managers.


Views: 2036
Updated

December 17, 2019

Description

This fact sheet looks at the responsibilities that condominium owners have to their condominium corporations that must be met before renting.


Views: 2143
Updated

December 17, 2019

Description

A reserve fund study of the depreciating property of a condominium must be conducted every five years. This fact sheet looks at the requirements for the reserve fund study, qualifications required for conducting a reserve fund study, and exemptions from establishing a reserve fund.