Red Tape Reduction to Condo Legislation Forthcoming
In June the current government paused the changes to the Condominium Legislation that were due to come into effect on July 1st, 2019. The pause was seen as a way to reduce further red tape from condominium governance and the announcement by Service Alberta Minister Nate Glubish on November 27th, 2019 in Sherwood Park confirms that the changes will make condominimu living more practical.
Recent amendments brought forward in this revision include:
• Reverting to a simplified version of voting that is clear and concise for condo owners and boards
• Removal of administrative burdens for AGMs
• Clarifying that malicious acts inside units by occupants of that unit are the responsibility of the owner
• Defining deductibles as contributions which will allow condo corporations more options to collect them
• Allows owners, through their bylaws, to self-determine the needs of the community and modify certain default regulations
CCI North Alberta Chapter President, Anand Sharma, stated , “CCI North Alberta is very pleased to support the release of the new condominium regulations. These amended regulations reflect a government that listened to key stakeholders who were impacted by the practical effects of overregulation. The new legislation is well balanced and will significantly improve the lives of condominium owners, boards, and industry members.”
“These changes will help simplify condominium governance for volunteer boards especially regarding voting procedures, conducting AGMs efficiently, and clarifying the insurance claims process. Prior to the red tape reduction review the regulations created more financial and administrative burdens for the condominium community”.
For a copy of the CCI PRESS RELEASE please click here.
For a copy of the SERVICE ALBERTA PRESS RELEASE please click here.
For a list of the REGULATION CHANGES that come into force on January 1, 2020, please click here.
For an edited list of the changes to the AMENDMENT ACT that are effective on January 1, 2020, please click here.
For additional information visit Service Alberta’s site www.condo.alberta.ca
Our Chapter will continue to take the lead in educating the condominium community with two Legislative Update Sessions and the All Day Session for Condo Managers. Click on the dates below to register or for more information –
Tuesday, January 14, 2020 at the Chateau Louis Hotel & Conference Centre
Wednesday, February 12, 2020 in Stencel Hall at Taylor College in south Edmonton.
Thursday, January 30, 2020 the Condo Manager Day Session at the Chateau Louis Hotel & Conference Centre.