All condo corporations in Ontario are legally required to file annual returns with the Condominium Authority of Ontario (CAO). Make sure you are prepared to file your return. Read our blog post about frequently asked questions regarding CAO returns: What information is included on the annual return? These returns contain important information about your
Information Certificates Amendments made to the Act now require corporations to prepare three new types of Information Certificates: Periodic Information Certificates (PIC) Sent out twice per fiscal year to all owners Information Certificate Update (ICU) Sent if there are certain key changes such as changes in Directors New Owner Information Certificates (NOIC) Sent to new owners
Annual Information Returns Condominium corporations are now required to file annual information returns with a goal of creating a publically accessible database of information regarding condominium corporations in Ontario. The filings are broken down into two categories; one-time filings and annual filings. Corporations will also be required to file a Notice of Change when the
Bill 106 is an act to amend the Condominium Act of Ontario, 1998, to enact other Acts with respect to Condominiums (i.e. New Home Warranties Plan Act) and the Condominium Management Services Act, 2015. Along with Bill 106, the Ontario Government created two new administrative authorities called the Condominium Authority of Ontario (CAO) and the