Frequently Asked Questions
What is a condominium?
A condominium is a form of property ownership where there are individual owners of condo units and shared ownership of the building itself and common areas. In this form of property ownership, the group of condo owners share
the building and on-site amenity maintenance costs.
Who can sit on a condo Board of Directors?
Condo board members are elected by the condo owners. The condo bylaws usually outline who is eligible to sit on the condo board, and how many of the board members must be owners. However, at least two-thirds of a condo must
be condo owners or mortgage lenders.
Are condo bylaws legally binding?
Yes. All condo owners agree to abide by the condo bylaws when buying a condo. If an owner, tenant, or visitor doesn’t follow the condo bylaws, the condominium corporation is responsible for enforcing the condo bylaws, according
to the Condominium Property Act (in Alberta). For any bylaw violations, the condo corporation can issue fines and other reasonable sanctions.
Is there a difference between condo bylaws and rules?
Condo rules supplement the condo bylaws. These rules are designed to help condo owners get along, promote the safety and security of owners, and protect the assets of the condo corporation. Unlike condo bylaws, in Alberta,
the condo corporation can’t issue any fines or sanctions if an owner or occupant isn’t following the condo rules.
What is an estoppel certificate?
When you buy a condo from a previous owner, an estoppel certificate (also known as a status certificate) shows important financial and legal information about the condo. It will show whether there are any outstanding condo
fees, interest on outstanding fees, upcoming fees or special assessments that you will be responsible for paying. This certificate is an official, signed statement from the condo corporation, and is typically required to
get a mortgage on a condo. An estoppel certificate is sometimes free but typically costs between $200-350.
Does the Alberta Human Rights Act apply to condo corporations?
Yes. Condo corporations cannot discriminate against condo owners or tenants based on race, religious beliefs, gender, physical disability, or any other protected grounds. Condo corporations have a responsibility to accommodate
written requests that fall under human rights. If in doubt, a lawyer can help a condo corporation with written agreements or resolutions to a human rights matter in a condo.