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CM Magazine Library

Fall 2021 Issue
Criminals live in condominium communities too. From cybercrime and scams to dishonest contractors and conflicts of interest for boards and managers, learn what to look out for as a property manager to protect your condo community.

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Showing Articles written by 'James Davidson'


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Do Condominium Directors Risk Personal Liability?

The Back Page || James Davidson

The short answer to this question is “yes”, condominium directors do run risks of personal liability.


The Crisis in Condominium Insurance

Opinion

Your Condo || James Davidson

The fundamental problem, I believe, is that condominium insurance just isn’t sufficiently profitable for the insurers. I think the reason is that the premiums are based on the risk of large claims (say, insured losses of $100,000 or more) … and in actual practice condominium corporations often have many smaller claims.


Things to Watch for

in 2019

Feature || James Davidson

2018 has been an exceptionally busy year for condominium managers and directors in Ontario. The first phase of the amendments to the Condominium Act brought widespread change to condominium management and administration. Here’s a quick list of some of the key changes: