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Unless there is a by-law to that effect, I believe in a pre 1974 building the windows may not be common property but the responsibility of individual lot owners. [NB: In light of further research, I reckon it is more likely that the windows are, indeed, common property. See item 5 below – JT]
If the windows are common property, and the owner who arranged the replacement of the windows is still there, they are responsible for the repair or defect rectification of the windows – that has nothing to do with the Owners Corp as they had nothing to do with the replacement of the windows.
In this case, the Owners Corp should formalise an agreement ASAP that the owner and subsequent owners have responsibility for the windows.
If the owner who had the windows replaced has moved on and sold, then the Owners Corp is responsible for the windows as their ownership has defaulted back to common property (again this only applies if all the windows have been deemed to be common property).