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ISC Enhancing Service to New Condo Developers and Buyers

June 7, 2010

ISC has changed some of our systems, processes and forms in response to recent legislative and regulatory amendments. These changes have to do with how condominium titles and related survey information is handled by ISC.

These changes are being implemented in support of The Condominium Property Amendment Act, 2009 which was proclaimed on Saturday, June 5, 2010.

The legislative amendments are designed to facilitate the creation of multi-use condominium developments in the province, and will better serve the needs of new condominium developers and purchasers. They also help to align Saskatchewan with other Canadian jurisdictions. 

Below is a summary of some of the major new provisions that are now in effect.

Titled parking units

Developers now have the option to have titled parking units. Before June 5, legislation didn’t permit the parking units in a condominium development to be titled in the name(s) of a residential unit owner. 

Currently, the option to have titled parking units will only apply to new condominium developments and will take effect on a go-forward basis. Although it is currently not possible to convert the parking units in existing condominium developments into titled parking units, a conversion process is currently being planned. ISC, the Ministry of Justice and the Attorney General are working together to make this happen.

If the developer decides to have titled parking units, the parking units must be defined on the survey plan that is submitted to us. The plan will also contain a declaration that each residential unit has at least one parking unit assigned to it, unless an exemption was granted by the municipality.

Parking unit owners have the ability to transfer parking titles to other people and acquire new ones. When these transfers occur, the links to residential condominium units will be updated in our systems, where necessary.

Titled common property

Developers now have the ability to title common property in the name of a condominium corporation. The resulting units, which are described in a condominium plan, are known as services units. Common property includes any laundry room, recreational facility, landscaping area, roadway, hallway or other area intended for the benefit of all owners in the development. 

Combination plans

Surveyors now have the ability to include different types of condominium developments (e.g. bare land and regular condominium types) on the same plan of survey.

Sectors

Condominium corporations will now have the ability to form “sub-corporations”, called sectors, to manage their own affairs. For example, in a condominium development with a mix of both residential and commercial spaces, a residential sector may be created to manage the residential portion of the development, while a commercial sector may be created to manage the commercial portion.

For more information on what these changes mean to you, please review our updated condo guides or read the answers to some frequently asked questions.

 

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