Condo committees 101: Everything you need to know

How well trained is your Condominium Corporation’s manager? When we think of great attributes of a property manager, we often times believe they must simply be courteous and hardworking but there are more qualities that a well-trained manager must possess. Education, licensing and dedication are also huge factors into making an outstanding property manager. See if your property manager has all the qualities of a well-trained manager.

What makes a condominium community happy? A lot goes into it, but it’s no secret that much of it depends on community leadership.

Energy consumption rises during the 2020 pandemic. Here's a few energy saving tips to keep you condominium budget down.

Humans are social creatures with a deep-seated yearning for connection and community. This is particularly evident in a condo corporation, where a strong sense of community can be the difference between long-standing residency and high turnover.

As a condominium board member, you know you have a huge part to play in ensuring a great lifestyle for your residents. It’s your job to provide leadership, ensure financial stability, and create a sense of togetherness. Consult these helpful property management tips for new board members and experienced ones alike.

How do you like to say “hello?” No matter what expression you use, chances are you like to take the opportunity to put your best foot forward and make a good first impression.

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 strata can create an effective – and life-saving – plan by following these eight basic steps.

We will all need a measure of patience as we navigate changes related to the pandemic. Communications may move at a pace that’s different than we’re used to. As always, the best policy is to assume positive intentions from others, listen carefully and respond professionally.

The annual budgeting process offers an opportunity for your board to explore your condominium’s current financial condition and to ensure your community’s financial stability for the future. Successful condominium management hinges on a well thought out budget for both short-term and long-term planning. 

Safeguarding an Ontario condominium corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the corporation and its members by making sure all funds are properly managed, invested and protected.