Articles

Variables that can affect your board’s specific requirements might include the type of community or building you have, your location, your available resources and your demographics, to name just a few. Despite these differences, your association can create an effective – and life-saving – plan by following these eight basic steps.

To communicate effectively, the community manager and board members should first determine whether the discussion is most effectively handled electronically, or by phone or teleconferencing. For example, owners have the right to observe board meetings; thus, hosting one via e-mail is not appropriate. Almost everyone has a phone, but some people don’t feel comfortable with new technology.

When your community is experiencing a spike in illness or viral activity, it’s more critical than ever. Communicate prevention steps like social distancing and any efforts the community is making, like the extra cleaning mentioned above, so that residents know you are putting them first.

Creating your condominium corporation’s annual budget is one of the most important responsibilities your board has. It takes a lot of hard work and may require spending decisions that won’t be popular with unit owners. Consequently, owners may voice strong objections or even question the board’s ability to manage the corporation’s money.
 

At one time or another, every condominium corporation has to spend money on replacing equipment or making major repairs. Whether that means replacing a roof, installing a new ventilation system or any other big-ticket project, they are a necessity. But how should your condo corporation pay for them?
 

Choosing the right property manager for your community can be a difficult decision. How do you differentiate between the companies available in your area? These four tips may help you evaluate the offerings and make the best decision for your condominium.

A condominium corporation is made up of diverse communities of people who have an interest in what is happening related to their investment. They need to be able to receive and find relevant information on a number of topics. Depending on the size of the property it can be hundreds of individuals who are involved.
 
There is no one communication tool that meets the needs of everyone and every situation. Successful property management companies provide options and technology to give their clients communication choices that fit their lifestyles.

Despite its size and pervasiveness, the property management industry is a mystery to many people. They aren’t sure exactly what a property management company does that they can’t do on their own, the benefits of partnering with a quality property management firm or what to look for when shopping for one.

When it comes to cyberattacks, you may be under the assumption that your condo corporation is flying under the radar. But you’d be dead wrong. In fact, as a small business, your corporation may be at greater risk of being targeted than ever before.

As Canadians anticipate spending the winter months knee-deep in snow and freezing temperatures, it’s likely that some residents in your condominium corporation community are anticipating spending some of their winter in a warmer climate.