Court rules against slip and fall victim

Know what you’re responsible for. The first place you should look to determine your responsibility as an occupier of condominium property is your provincial legislation on condominiums and on occupiers’ liability. In Ontario, the Condominium Act of 19981 at section 1 defines

"common elements" as all areas that are not units; and

"unit" means a part of the property designated as a unit by the description and includes the space enclosed by its boundaries and all of the land, structures and fixtures within this space in accordance with the declaration and description.

I have consented to act as a Director of the Corporation and I agree to comply with the following Directors’ Code of Ethics throughout my terms as a Director:...

Q: Without full information and appropriate discussion, our board has approved a formula of assessments as was indicated following a reserve fund study. In 2002, our fund was in excess of $125,000 and the next assessments foreseen in the study are in 2009 and 2010 for amounts of $125,000 and $250,000 respectively. We only have 19 units, making these amounts quite significant.

Is it true that, since the future funding plan has been approved, smaller assessments at regular intervals until 2009 to avoid depletion of the reserve fund cannot be made unless
another fund study is undertaken?