05/10/2012 10:39 EDT | Updated 07/10/2012 05:12 EDT

Bill will better protect condo owners, boards by creating tribunal: NDP

TORONTO - Ontario's New Democrats want the province to update its laws to better protect condominium owners.

New Democrat Rosario Marchese has introduced legislation that would amend the Condominium Act to provide owners with stronger legal and consumer protections.

He says the changes are needed because condo laws are outdated and force owners and boards to take developers to court, which is very expensive.

Marchese says his private members' bill would create a review board that would provide a cheaper alternative to resolve disputes between owners and developers.

It would change Tarion, which oversees the warranties of new condos, to ensure owners' interests are represented.

The bill would also license property managers and require developers to use "good faith language" so owners get what they paid for.

Private members' bills rarely become law unless the government throws its support behind the legislation.