COF Response to Regulation Changes
On November 27 we were pleased to be asked to support Service Alberta Minister Nate Glubish when he announced result of the ‘red-tape’ review of the Condominium Property Act Regulation impacting condominium governance. The Government issued a press release. Our statement:
Condo Owners Forum Society of Alberta congratulates Minister Nate Glubish and the Staff at Service Alberta for reaching this milestone which will substantially improve Alberta condo governance, management and living.
We look forward to continuing our consultations with the Minister and Staff in future and in supporting the development of systems for resolving disputes which is a very high priority for condo Owners.
We also look forward to working with the Real Estate Council of Alberta in the development and establishment of standards, licensing and the regulation of individuals who provide condominium management services.
Some of us have been participating in consultations since 2013, so this was an important milestone for Alberta condominium Owners.
Some Disappointments While the ‘red-tape’ review removed a number of the progressive changes we had advocated, it is nevertheless an important milestone and a major improvement on previous legislation. We need to remember that the law generally establishes minimums or a baseline and there is nothing to prevent condos from using ‘Best Practices’ to ensure enhanced governance, democracy and transparency in their condominium corporations. Owners need to take responsibility too! We need to become more informed, less complacent and more involved in the governance and management of our condos. It is up to us!
“Collaboration is Key to Success!” Alberta condo Owners, government and the industry have shown that they can work together for the improvement of condo legislation: Good legislation + Good Governance = improved condo living and condo property values
We hope that positive cooperation will continue.
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