SUSTAINABLE HOUSING ASSET RESOURCE EXCHANGE

End of Operating Agreements: Legal Issues, Ontario

End of Operating Agreements: Legal Issues, Ontario

This Memorandum is intended to assist Ontario housing providers in analysing their options when faced with the expiry of their federal operating agreements. It provides a summary of the legal issues, sets out some general legal considerations that apply in all cases, regardless of the strategy being considered.  In addition the document also includes a list of the potential strategies and legal issues. While many of the rules governing housing across Canada are similar (or the same when federal statues apply), this memorandum applies to Ontario providers only. Please note that this document (summary of legal issues) is provided for general information purposes only, and does not constitute legal advice. Housing providers should NOT rely on this document as legal advice. Legal advice specific to any particular circumstance should be obtained before taking any steps to implement one or more of the proposed strategies. This Memorandum does not consider any special rules governing co-operatives.

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Uploaded 3 years ago in Legal Issues