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New legislation Aug 23 Ontario attempts protection for buyers of condominiums when Ontario however promises to turn snared Since when Ontario housing costs soared the concept of condominium living has come into its own shared cost style of hung is fast becoming the practical for families who wan the of home ownership but find price of single family dwellings their reach The first Ontario ton dominium corner mis registered in I J67 Since then Ihe number of torpor has erown to I represent promises to turn this Tabled June 1 consumer and Lommcnial relation minister Grossman The Condominium Act offers as Its number one priori owner and buyer protection The bill new pur 11 days to consider intended provides for unproved cor reduees Iht pi of bankruptcy mi i mil si i condominium Andthis is the beginning uoo sunn developers ismanyashalfofill residents llvinj In rental duellings will be residing condominiums This boom been wilhoul its shire of growing pains In recent years eon dominium living his been from all sides with problems ringing from construction to pro longed rental periods and widespreadownenpathy As a result public confidence in livingisat an ill time low at present New condominium introduced recently by the government in of j to rtdiiee the jungle f paperwork whieh confronts prospective ihe t became aw ire hat leMlatnn docs deal with many of the problems that have emerged over years Mr Grossman The present legislation he said was designed as a method of property registration not as consumer ministry established the protection statute To over Ontario Residential Con come this the consumer dominium Study Group In November of 1970 to make recommendations This group met with condominium August good time to seed your lawn Mid August is one of the best limes for seeding lawns according to gardening specialists This advice applies whether you arc seeding simply to thicken up old or to start a new one Soil preparation is for a new lawn Remove all trash and stones Break up lumps and add organic matter such as cow manure humus peat moss or fine Turfacc to heavy clay or poor soil Make sure that the grade will drain water away from the house After preparation of seed bed specialists recommend fertilizing with Turf Starter Apply at lbs per and work into the soil to a depth of three to six Inches Water well to help settle the soil allow to drain and while surface is still workable rake the soil to a final grade and Immediately seed using spreader lor best results he spokesmen recom mend making a split canon at using a cross pattern flake the seed in gently and tamp lightly with back of the rake Do no bury seed more than Spray gently and keep damp until the Brass is at teas one inch high When trass reaches a height of inches it is ready Tor the first cutting After third cutting he spokesmen recommend fertilizing The same principles used in starting a now lawn from seed also apply to nodding Prepare and fertilize seed bed roll the sod lightly after laying to press It In place and keep it moist until grass Is Browing vigorously Check page todays REAL ESTATE SHOW PLACE and regions the province and in the process assessed more than representing the views of condominium owners and various facets of he industry The new legislation in many of the recommendations the study group made said he con minister and Is at what were found to be the major of con owner and buyer protection and the way condominium corporations and owners go about managing condominium Under the Act purchaser protection is provided through tighter standards of disclosure between sellers and purchasers more clearly defined purchasers rights during Interim occupancy period and a lime period allow purchasers to become fully informed of their responsibilities A highlight of the new Act allowi the purchaser of a new unit a loday cooling off period after delivery of a disclosure statement rescind a deal On the management side financial and operational responsibilities of corpora lions have been clan fled and the processes for corporation by laws rules and regulations overhauled The new Act now obligates each corporation to assess contributions to a reserve fund to pay for major repairs and replacement of common explained Mr month unit owners will hive to contribute lo his fund The change bylaw selling wis made in to reduce problem of owner At presenl a new by needs a two birds vole of all unit owners Under new bill meeting would require a cent owner quorum cither present or by proxy with a bylaw needing a twothirds meeting We felt the rule requiring twothirds of ill unit owners was too reslnclmg Mr rossman explained It was just loo difficult get hat owners oil and m function bogged down The new bill obliges obtain and tin adequate insurance coverage on Ihe entire properly makes menl of audilors mandatory and spoils out their duties settlements will be mediated by hearing officers from local con dominium corporations the condominium community in general and any other group Interested in providing manpower At present disputes are resolved through the courts which can bo costly and limeconsuming Thn f prime reason Mr Grossman added We fell also that a group directly involved in condominiums could better deal with he everyday dif than some remote government organisation And the sludy groups hear proved that this is already taking place through local and regional owner associations Ontario will bo non profit chartered corporation wiihout mom functions will be to operate an informal speedy dispute solving mechanism to provide direct advice and assistance any cor thai requests it to collect fmancnl in formation from all cor porations lo ensure sound fiscal management and pin point problem areas provide an educational and Information role for properly managers and directors of condominium iiieeonsuming The board of directors of Condominium Ontario will half of its membership from the ranks of unit owners The rest will be drawn from areas of the industry and from professional ranks This is consistent with out govern philosophy of industry self regulation said Mr Grossman And although the study group recommended the establishment or a government regulatory agency we decided against CI ling the consumer ministry to ess not more Intervention inlo the marketplace as a corporations and lo answer inquiries from owners prospective pur chasers and The role in education will be a major one the consumer minister stressed Information of ficers will be able to provide handson assistance to condominium corporations especially new ones and will be available for guidance and assistance lo ihe Activities would include preparing and arranging management courses and lhe preparation and distribution sheets and publicalions Ultimately Mr Grossman added we should end up a vastly poved information network using all the elements of the condominium community This legislation he concluded should pa lay a major part in restoring confidence and credibility to concept of condominium living In this province The thai while condominiums are a viable housing apparatus public confidence is low and the Industry in general lacked stability The Condominium Act should restore hat stability