Engagement status: Next stage under development
Ministry responsible: Service Alberta
Overview
The Condominium Property Amendment Act was passed in December 2014. Since then, we've been engaging condo owners, boards and corporations to develop the regulations and bring more than 50 amendments into force.
Engagement outcomes
Governance regulations – Complete
Revised governance regulations come into force on January 1, 2020.
The revisions reflect feedback received during consultations in the summer of 2019 to ease the administrative burden on condo boards and corporations while protecting condo owners and their investment.
Key changes include:
- Removing the requirement to provide the minutes of all board meetings in the package for annual general meetings (AGMs).
- Changing the requirement to disclose draft AGM minutes from 30 days to 60 days after the AGM.
- Changing the maximum fee for an estoppel certificate from $100 to $200, or $300 if rushed, and add a disclosure statement document fee of $100, or $150 if rushed.
- Changing the per-document cost for paper documents from a $10 flat fee to $0.25 per page, or $10, whichever is more.
- Allowing condominium corporations to borrow up to 15 per cent of their annual revenue as the default limit but also allow that limit to be changed through their bylaws.
- Removing the requirement to provide 60 days preliminary notice of an AGM and accept owner submissions for the agenda.
- Increasing allowed amounts for sanctions.
- Eliminating tiered rates for deposits condominium owners provide to their corporation when renting out the unit they own and setting the maximum for these deposits at $1,000 or one month’s rent, whichever is higher.
- Broadening the list of those who can conduct reserve fund studies.
Resources
- Condominium Property Amendment Act
- Order in Council and Amended Condominium Property Regulation
- Condominium Property Amendment Act – Proclaimed Amendments, November 26
- Consumer tips and checklists
- Annotated Regulation coming into effect January 1 2020 (PDF, 601 KB)
Future stages
Condo manager education and licensing – Under development
We are working closely with the Real Estate Council of Alberta (RECA) to create an education and licensing program for condo managers. For more information visit the RECA’s Condominium Manager Regulation Consultation page.
News
- Cutting red tape for Alberta condos (November 27, 2019)
- Condominium regulations paused for red tape review (June 27, 2019)
Contact
For general questions about condominiums and about condominium legislation, including the amendments, please contact the:
Consumer Contact Centre
Toll-free: 1-877-427-4088
Email: service.alberta@gov.ab.ca
To provide feedback for future amendments to the legislation, please contact the:
Condominium Project Team
Email: condoreview@gov.ab.ca
Sign up for updates
Use the form below to sign up for email updates regarding the condominium rules consultation.
This information is collected for statistical purposes and future engagement.
The personal information is being collected and used pursuant to section 33(c) and section 39(1)(a) of the Freedom of Information and Protection of Privacy Act.
Questions about the FOIP Act or regarding the collection, use, or disclosure of this information, may be directed to the Director of Consumer Programs at condoreview@gov.ab.ca or by calling 780-422-8134.