Progress Property Management Ltd.

⚖️ Not all condo-related disputes can go straight to the Condominium Authority Tribunal or the courts.

Some issues must go through mandatory mediation and arbitration first. Skipping this step can lead to delays and added costs.

That’s why the CAO added new web guidance to help condo communities navigate this process. The new resources explain which disputes must go through med/arb, what parties can expect, and how to get started.

New materials are in direct response to feedback from owners, directors, managers, and lawyers that highlighted the need for clearer, more practical information.

Optional templates are also available to help propose and respond to mediation or arbitration.

Understanding your options can help resolve issues earlier and more effectively.
🔗 Learn more on our website. https://bit.ly/49FdGta

https://www.reminetwork.com/articles/condominium-market-collapse-brews-change/

Condominium market collapse brews change - REMI Network Condo market collapse reflective of untenable pro formas, skittish lenders and reluctant buyers, further complicating Canada’s affordable housing shortage