The Government of Yukon is preparing to draft regulations to accompany the new Condominium Act, 2015. The public will have opportunities to participate in the process.
An initial public information session was held on June 1, 2016, to outline next steps.
View the PowerPoint presentation for a summary of topics covered, including:
Yukon’s new Condominium Act, 2015 was passed by the Yukon Legislature in May 2015. Like the Land Titles Act, 2015 it was developed with the participation of representatives from First Nation governments, real estate lawyers, surveyors, the business community, condominium owners, the federal surveyor general’s branch and Yukon government departments. Public consultation made a major contribution to the Act and strengthened its consumer protection components.
The existing act and regulations remain the law until regulations to accompany the new Condominium Act, 2015 are complete and the act and regulations are brought into effect.
The department is preparing to draft regulations to accompany the Condominium Act, 2015. Department staff will work with the Land Titles Modernization Project Stakeholder Advisory Committee, the Condominium Act Drafting Advisory Group as well as Yukoners to develop the new regulations. Once approved by Cabinet, the new regulations and act are expected to come into force in late 2016 or in 2017.
Provisions of the new Condominium Act, 2015, including condominium reserve funds and insurance requirements, are not presently in force; however, many condominium corporations have established such best practices in anticipation of any legislative requirements.