Important information for Condominium Council and Owners
Insurance Changes
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Provincial Legislation:
It is the fiduciary responsibility of the owners to maintain the common property
Federal Legislation:
The Supreme Court of Canada considered Poly B non-admissible to indemnity clauses in 2005. As a result, insurance companies must not insure homes with Poly B piping.
Case Studies:
Wildwood 2 50 units
Wildwood 3 50 Unit
Discovery Bay 250 units
Stellar Condos 39 units
Avenue West 50 Units
Kitec and Poly B Plumbing
Provincial legislation stated that the plumbing repairs were mandatory in these buildings 2020 / 2021