Create Transparency for Condo Owners and Tenants

TO THE LEGISLATIVE ASSEMBLY OF ONTARIO:

WHEREAS purchasers of pre-construction condominium units do not always receive the square-footage or amenities that they were promised and paid for, and have little recourse for accountability from developers;

WHEREAS condo owners and tenants are not always aware of their rights, responsibilities, benefits and obligations, while renting a condominium unit, including a lack of communication with other condo owners; 

WHEREAS developers and condominium boards often operate without full transparency, enter into unnecessary long term contracts, fail to recuse themselves from conflict of interest, or act improperly as a condo board director, property manager, or supplier;

THEREFORE, we the undersigned petition the Legislative Assembly of Ontario to enact legislation that:

  • Standardizes legal contracts and disclosure documents for pre-construction purchases to better ensure buyers get what they pay for, and developers are held accountable,
  • Ensures condo owners and tenants receive all relevant information regarding their rights, responsibilities, benefits and obligations of owning or living in a condominium unit
  • Encourages the transparent operation of developers and condo boards by regulating contracts and prohibiting conflict of interest.

Will you sign?

Call on the Government to increase the transparency of purchasing, owning and living in a condominium unit.

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