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What is the Condominium Property Act?

April 26, 2017ACT condominium Property

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What is the Condominium Property Act?

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The Condominium Property Act sets out the rules for operating and managing condominiums in New Brunswick. The current Act, from 1969, will be replaced by a more modern Act on January 1, 2010. The new Act contains a framework created to protect consumers during the approval, purchase and sale process for condos. It will be administered by the Director of Condominiums.

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Posted

The Condominium Property Act sets out the rules for operating and managing Condominiums in New Brunswick. The current Act, from 1969, will be replaced by a more modern Act on January 1, 2010. The new Act contains a framework created to protect consumers during the approval, purchase and sale process for Condominiums. It will be administered by the Director of Condominiums.