Condominium Property Amendment Act promises to make dispute process more efficient
Posted Dec 2, 2014 11:12 am.
This article is more than 5 years old.
The PC Government is putting forward changes to the Condominium Property Act, aiming to increase protection for buyers and owners for condos.
Bill 9 contains more than 50 amendments including a new condo dispute tribunal, and new qualifications and standards of practices for condo managers.
Stephen Khan, the Minister of Service Alberta, said it’s been 20 years since the act was updated, and the volume of new builds and people wanting to live in condos has increased dramatically.
“What we are trying to do is reinforce some consistency, reinforce some points and strengths for our consumers, and put a level playing field out there for the developers,” he said.
Khan said the new tribunal will make clearing up disputes quicker and more efficient, by moving these matters out of the court system.
