After a public consultation process, the Condominium Authority of Ontario (CAO) has now set its fees. Overall responses to the proposed fee amounts were positive and the CAO has carefully considered all feedback provided.
Fee amounts for the annual Assessments to condo corporations have been confirmed, and for each of the three stages within the Condominium Authority Tribunal, as set out below.
All condominium corporations are required to pay annual assessment fees to the CAO. The fee has been calculated based on the equivalent of $1 per voting unit per month. According to the Condominium Act, 1998, the total assessment fee for each condominium is to be added to the common expenses. Individual condo owners are to be charged based on the percentage that they contribute to the common expenses as set out in the condominium corporation declaration.
This fee will support the CAO in providing:
Effective September 1st, 2017, all condominium corporations in Ontario are required to register with the CAO and pay their initial assessment fees which covers the period from September 1, 2017, to March 31, 2018. The initial assessment fees are due to the CAO by December 31, 2017.
The CAO is currently reaching out to all condominium corporations in Ontario via mail and email, and through their condo managers or condo management firms. If the letter has not been received, condo boards and managers are encouraged to contact the CAO at email@example.com to receive an invitation code in order to access the registration system.
The CAO is responsible for administering the Condominium Authority Tribunal (CAT), a new dispute-resolution forum which will provide condo owners and corporations with fast, fair, and cost-effective online dispute resolution. The CAT will have exclusive jurisdiction to resolve certain dispute types prescribed in regulations to the Condominium Act, 1998.
The total cost, should the dispute require the services of an adjudicator, will be $200.
These fees will be paid by the party who files the dispute, and are not refundable. Please note that the CAT has the authority to order one party to pay the costs incurred by another party, including costs related to any of the above CAT fees, if appropriate.