CCI Manitoba Chapter News

Does your condo have a shared facility agreement with another condo?

An article by Sally Thompson, author of the book Condo Questions and Answers, discusses the challenges of being a director of a condominium corporation with a shared facility agreement with another condominium corporation. The article was published by CondoBusiness, part of the REMI Network, and contains some of the information contained in Sally’s book.

“The relationship among the various parties and how they will share in costs is set out in a site reciprocal or sharing agreement. The one party who is not at the table during this negotiation is a representative of the condominium corporations who will end up responsible for the lion’s share of the costs and related efforts. And everyone at the table seems to forget that the volunteer condominium boards are lay people, with no formal training or special skills in operating a complex multi-component facility.”

The article contains many cautionary notes for those owning or considering the purchase of a condominium unit in a corporation with a shared facility agreement.