Location: Edmonton, Alberta
The Government of Alberta recently began steps with the goal of strengthening condominium legislation to address the current needs of condominium corporations, unit owners, and developers; and raise standards in Alberta’s condominium industry. In early 2013, the Government distributed a Condominium Property Act Consultation Paper to gather information from the above stakeholders regarding potential issues with the current legislation. That information was collected and reported in a report published in June of 2013 (the Review) . As the legislation evolves there is another piece that deserves consideration and that is the education of the industry players including consumers, lenders, operators and developers.