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If your bylaws have not been updated in some time, they are likely inadequate or may not address your specific and changing concerns. The Legislation changes over time, and so should your bylaws.
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Good bylaws are like insurance; you don’t need them until you need them.
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Some bylaws do not work for every property and are too general or not practical. Good bylaws tailored to your specific property will give you the ability to manage issues and problems quickly and effectively.
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Bylaw enforcement depends on the language used in the bylaws, and your ability to efficiently manage your property relies on a sound and comprehensive set of bylaws.
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A complete and current set of bylaws will help unit owners understand what responsibilities and powers the condominium board have and what duties and powers the unit owners have.
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One legal challenge to an incomplete, poorly written, or dated set of bylaws can cost more than the cost to update your bylaws. Managing a property with poorly written bylaws can cost the corporation time and money.
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Good bylaws help protect your property values and the use and enjoyment of your property.