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FAQs

How can a Board of Directors remove a property manager?

Usually, a property management firm runs the day-to-day affairs of the Condominium Corporation, under the direction of the Board of Directors. Final authority for policy decisions, however, rests with the Board of Directors of the Corporation. If the Condominium Corporation is unhappy with the property manager, the Condominium Act does permit the Board of Directors and/or the owners to terminate the property management agreement. Typically, there should be a no-fault 60-day cancellation clause included in the property management agreement. The specific agreement would have to be reviewed to determine the process for its cancellation.

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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