Being a condo owner, you automatically become a part of a bigger community. When you associate with some community, you also have certain responsibilities, rules, and rights that come as a part of it. There are certain rules set for the common areas or common elements of the community, such as the parking spaces, hallways, lobbies, common rooftops, exercise facilities, and many more. Thus, you must be aware of and abide by the condo owner’s rights in Ontario to have a good, peaceful living for many years to come.
Also, the residents or owners of the condo suites must agree with and follow the Condominium Act as well as the declaration (the legal document), rules, and by-laws of your specific condominium communities.
Owning a condominium is different from owning a house because you are part of the larger condominium community. – Condominium Authority of Ontario
The Rights You Are Entitled to as a Condo Owner
Here are the few basic condo ownership rights Ontario you must know:
- Enjoy your condo space quietly; that is, without creating a nuisance for the others living in the same community.
- As a condo property holder, you have administrative authorities to vote at the owners’ meets.
- One of the very basic condo owner rights Ontario is to become a part of the election to the Board of the condo community.
- You should have a periodic reserve fund and have an annual budget.
- You also have the right to review any of the condo corporation records, which include the financial statements, or the minutes of the meetings held, etc. [1]
- The condo unit owners can also request/call for an owner’s meeting at the board to discuss various important matters.
- The owners at the board can also exercise the right of adding an issue or raising a concern in the owners’ meeting held.
- It allows the owners to seek accommodation pertaining to a disability.
- As condo owners, you have full rights to sell your unit or rent it out legally to the individual you find fit for it.
Remember, these entitled rights are the bare minimum since some condo locations could offer more. You can watch this video to learn what condo owners can expect in these rules.
The Responsibilities You Must Have as a Condo Owner
Along with accessing the condo owner rights Ontario, there comes responsibility too, with the condominium units. Few of the responsibilities that all of you, as condo owners, must keep in mind are:
- Strictly abide by the condo community’s by-laws, declarations as well as rules.
- Keep your condo suite in good condition. Hence, get your condos repaired and maintained whenever necessary.
- You must pay the common expenses and service fee as levied by the condominium corporation. This also includes the liens or chargebacks and other special assessments.[2]
- Never interfere into the matters or space of your neighbour’s unit.
Condo owners should follow all the necessary condominium owner rights and responsibilities in Ontario to have a happy, healthy, and peaceful condo living. At the same time, note the responsibilities that you must have as the owner of a condo suite. Moreover, there is a set of duties from your end too for the common spaces and facilities of the condo community that you are a part of.
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