Should Alberta Change Its Condo Laws?
Official title: Condominium property legislation engagement
Alberta asked condo owners, boards, and managers how to fix common problems with condo living. The focus? Disputes between owners and boards, developer handoffs, and holding interim boards accountable. Virtual sessions ran from January to March 2024.
Why This Matters
Own a condo in Alberta? You've probably dealt with surprise fees, board disputes, or wondered who's really in charge. This could change how disputes get resolved and make boards more accountable to you.
What Could Change
Alberta may create a new Condominium Dispute Resolution Tribunal to handle conflicts faster and cheaper than court. Rules around chargebacks, developer handoffs, and interim board accountability could get tightened up.
Key Issues
- How should a new Condominium Dispute Resolution Tribunal be designed?
- How can chargebacks to condo owners be made fairer?
- How should interim boards be held accountable before developer turnover?
- What timelines should apply to developer turnover meetings?
What Happened
Virtual sessions were held from January to March 2024 with condominium owners, boards, managers, and industry partners. Feedback collected will inform potential legislative solutions to issues identified by the sector.