Name: Condominium Act, 2015 Regulations Consultation - Mixed-use Condominiums
November 16, 2018
Size: 749.17 KB
File Type: PDF
Under the Condominium Act, 2015, (the Act) a mixed-use development is a condominium with residential units and non-residential units. At present, there are few mixed-use condominiums in Yukon. A condominium corporation with residential and non-residential units can establish, in accordance with its bylaws, sections for each of these types of units and governance structures and provisions that are specific to the interests of the section. This can also help ensure a fair allocation of the costs associated with common elements that are used exclusively, or predominantly, by the unit owners in one section.