The owners of the 102 townhouses in Craigie Orchards each have an equal share (1/102th) in an Ontario corporation, administered under the Ontario Condominium Act of 1998. Craigie Orchards is officially known as Peel Condominium Corporation 154 - or PCC154, as we affectionately call it.

Every year, the owners get together for an annual general meeting where the business of the corporation is discussed and owners are elected to a board of directors, empowered under the Condominium Act to manage and maintain the development

In turn, the board enters into a contract with a property manager who looks after the day-to-day running of PCC154's assets (land, roads, accounts, etc.). The manager reports the activities of the past month back to the board, at its monthly board meeting.

If you would like to see the PCC154's board members since 1977, and the management companies who have looked after our development over the years, click here to return to the Index page and then go down to the Archives section.

Accordingly, PCC154 owns and is responsible for maintaining the ten acre property - the land, trees & vegetation, the streets & lighting ... in fact everything except the insides of each townhouse. Because the owners have equal shares (think equity) and enjoy the usage of all these, they are called PCC154's "Common Elements."