So, this won’t be like my usual posts where I share a recent case or discuss a section of the Condominium Act, 1998. Today I’m going on a rant about the relationships between owners, directors, and managers.
Last night I attended another requisition meeting. Nothing out of the ordinary about a requisition meeting; the best managed condominiums can have them from time to time. They are often a result of owners feeling in the dark about an issue and wanting more information. However, in this case the requisition was to remove a majority of the directors, which usually signals bigger issues. I can’t identify the parties involved because of privilege, but one of the reasons the owners sought removal of the directors was that the owners wanted to terminate the property management company and the directors refused or failed to do so. This isn’t the first time I’ve seen this as a reason for a requisition to remove the board of directors. It seems to be a trend in recent years. Continue reading