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Can the Condominium Corporation allow a mortgagee to inspect the records of the Corporation and minutes of meeting as required under section 45 of the Condominium Property Act?

April 26, 2017condominium corporation inspect meeting Minutes mortgagee records section

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Can the Condominium Corporation allow a mortgagee to inspect the records of the Corporation and minutes of meeting as required under section 45 of the Condominium Property Act?

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Yes, section 45 of the Condominium Property Act obliges the Condominium Corporation to allow a mortgagee to inspect minutes of meetings and records relating to the management and administration of the corporation. PIPA does not affect this process.