Capital Centre

Actually, all condo owners have title to their parking spots (myself included).

And, just so everyone is clear, Tom Awesome is not currently a member of the condo board, although he is a member of the security committee.

That said, you are correct. The condo board cannot do anything to prevent owners who wish to rent their spots out from doing so. That proposition would have to be voted on by ALL residential members and passed by a 75% majority (residents and unit factors) to be mandated as part of the by-laws in order for the condo board to be able to enforce such a rule.

But, with that said, Tom is not incorrect. Random people having access to the residential side of the parkade (and those described under the circumstances highlighted by TA) are a major detriment to the overall security in the parkade. You wouldn't move into a new place without changing all the locks, would you? The same principles apply, albeit in the parkade. As residents, we should care more about the overall security of our building and that of ourselves and neighbours, rather than any potential revenue stream we can create via an unused parking spot we may possess (and I say this knowing full well that those of a conservative bent, who may disagree, are more than likely the very same people who wouldn't claim such revenue on their tax returns, it being an uncontracted and under-the-table cash transaction). The cost of repairs to our automobiles outside insurance or that of the deductibles to everyone who has had their car tampered with bears witness to that fact.

The above mentioned debate (which could easily be highly politicized) is why the board has been looking at alternate means of securing the parkade which would not infringe on any owner's ability to exercise their rights as capitalists. How successful we will be at doing so, however, only time will tell. But increased security in the parkade is one of our highest priorities.