About Me

My photo
GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Thursday, November 28, 2019

Alberta is easing regulations on condo regulations

There are changes ahead for the governance of condo buildings in Alberta which will cut red tape and help protect against rising costs for owners.

The provincial government has announced that, from Jan 1, 2020, there will be changes to a range of requirements from disclosure of information to how annual general meetings are organized, sanctions, fees for documents, and the qualifications for those who conduct reserve fund studies.

“The previous regulations would inevitably have led to increased condo fees for condo owners,” said Nate Glubish, Minister of Service Alberta. “I’m proud of the work we have done by listening to the concerns of Albertans, taking action immediately and working with condo owners, boards and managers to make thoughtful and sensible revisions. I’m confident Albertans will be pleased with the changes we’ve made.”

The changes are being introduced following consultations with stakeholders and have been welcomed by Terry Gibson, Condo Owners Forum Society of Alberta.

“Condo Owners Forum Society of Alberta congratulates Minister Nate Glubish and the staff at Service Alberta for reaching this milestone which will substantially improve Alberta condo governance, management and living,” he said.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome and rewarded!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)