Is a condominium corporation bound by its own bylaws or bylaws?

Alberta, Canada


The following excerpt is from Bank of Montreal v. Rajakaruna, 2013 ABQB 368 (CanLII):

The defendants argue that this circular and inventive argument cannot be sustained by an ordinary reading of the bylaws and would fly in the face of the well reasoned decision of Master Prowse in Condominium Plan No. 8210034 v. King 2012 CarswellAlta 413, 2012 ABQB 127, 213 A.C.W.S. (3d) 782, [201] A.W.L.D. 3109. Master Prowse clearly delineated the difference between statutory and contractual claims and priorities that flow therefrom.

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