The Government of Yukon is inviting input on proposed provisions to regulate condominium developments in Yukon. The engagement period will run from November 27, 2018, to January 25, 2019.
The feedback received will help clarify key procedures and requirements such as:
- how condominium corporations are governed;
- amounts required to be set aside as reserve funds;
- owners’ rights and responsibilities;
- care and maintenance of common elements of a condominium corporation; and
- an owner’s entitlement to specific information from the developer or condominium corporation.
Yukoners will have the opportunity to attend two public information sessions on January 10 and 23, 2019. The sessions will be held in the Whitehorse Public Library meeting room from 5:30 to 7:30 p.m. Yukoners can also provide feedback via an online survey or by mail.
Condominiums are an important part of a healthy and diversified housing market in the Yukon. It’s vital that Yukoners have the opportunity to shape the regulatory framework that will outline the rights and responsibilities of developers, condominium corporations and unit owners.
Minister of Justice Tracy-Anne McPhee
Key documents and information related to the engagement are available on EngageYukon.ca.
Regulations are being developed to bring the Condominium Act, 2015, into force. This is a key component of the Land Titles Modernization Project, which is updating Yukon’s land titles regime with contemporary land and property development best practices.
The drafting of regulations will also be undertaken with the continued involvement of the Land Titles Modernization Project Stakeholder Advisory Committee and Drafting Advisory Committee. Both committees include representatives who bring forward the broad interests of consumers, industry and governments.