The CAO was incorporated as a not-for-profit corporation in July 2016. It is anticipated that CAO will be designated as an administrative authority in 2017, at which time it will begin operating. As an administrative authority, it is governed by an independent board of directors, and is a self-funded body.
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Condominium Authority Tribunal
Once it is designated, the CAO will oversee the establishment of the Tribunal, which will help to resolve issues using online guided pathways of information and where necessary through a collaborative tool that will offer guided negotiation, mediation and adjudication.
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Due to the growth and change in Ontario's condo sector over the past few decades, in 2012, Ontario announced a review of its condo law, the Condominium Act.
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The Condo Difference
Are you thinking of buying a condo in Ontario? If you are a first-time buyer, it is important to note that condo ownership is different from owning other types of property in several important ways, and it is essential to understand these differences before you buy.
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