Latest News > Condo committee: initial meeting
The RCCAQ has set up a condominium committee made up of concerned stakeholders.
This group of brokers, insurers, condo managers and a legal specialist met for the first time on May 8.
The meeting provided an opportunity to address certain points aimed at reforming the regulatory framework.
These included establishing mandatory five-year evaluations, introducing the "reasonable deductible" concept and establishing mandatory condo and D&O insurance for condo associations.
Also on the agenda were condo associations in difficulty and subrogation.