Condo Living sent the following question to Shlomo Sharon, President, Taft Forward Property Management Group
Question
Answer
Many of the privately issued tickets looked like City of Toronto tickets, and people would often pay the fines thinking the tickets were official. Many condo corporations that opted for private parking enforcement had an arrangement of sharing the fine revenues. If the ticket was issued by the city, all of the money collected goes directly to the city.
In July 2004, Toronto council passed a bylaw making private parking tickets illegal. Only the city may issue parking tickets, including on private property. All tickets must have the official Toronto city logo on the upper left side of the ticket, and the fines go to the city.
Shlomo Sharon is CEO of Taft Management Inc. and a member of CCI since 2002.
Taft Management Inc. is an ACMO 2000 Certified Property Management Company and has been providing property management services since 1996.
