Articles

Here you will find articles about condominium living, condo management and other topics of interest for board members, owners and residents.
 

Tips to Create a Rooftop Oasis

Enhancing the lifestyle of your high-rise property requires starting at the top – the rooftop, that is. By taking advantage of this space to offer creative and imaginative amenities, you’ll not only increase property values, but you’ll also provide a gathering place for residents to relax and connect. Great rooftop spaces also have a way of infusing more resort-style living into your high-rise.

Posted on Thursday March 09, 2017 read more

The Seven Financial Must-Do’s for Condo Corporation Success

There are so many things to enjoy about living in a condominium community. Among them are the sense of community, the great amenities and the high standards. However, if your condo corporation’s finances aren’t stable, none of it is possible.

Posted on Thursday March 02, 2017 read more

The Six Ways a Condominium Management Company Adds Value

If your condominium corporation is self-managed, you may think everything is going along just fine. But what you may not realize is just how much a professional condominium management company could improve your community and how much money it could save your corporation in the long run.

Posted on Thursday February 23, 2017 read more

Five Fundamental Roles on Your Condominium Board

To be successful, a condominium community needs a dedicated Board of Directors who understand their roles and responsibilities and are committed to fair representation of the residents they have been elected to serve.

Posted on Tuesday February 21, 2017 read more

Eight Myths about Partnering with a Property Management Company: Busted

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.

Posted on Wednesday February 15, 2017 read more

How Healthy and Effective Is Your Condominium Board?

How well is your condo board functioning? Do your meetings feel fluid and productive, or are you stuck in a rut? Do members of your condo corporation trust your board, or are people starting to raise questions about how operations are run? Regardless of how well you think your board is currently functioning, it is always a good idea to conduct a thorough, honest evaluation of your board.

Posted on Tuesday February 07, 2017 read more

Defining Condo Corporation Leaders’ Rights and Responsibilities to Create Better Communities

When your condominium board members (and your property management team, if you are working with a professional management company) have a thorough understanding of their rights and responsibilities, it helps to create a more inviting community. Your community is more likely to be effectively managed and well-maintained, which leads to happier residents.

Posted on Tuesday January 31, 2017 read more

Cyber Security Part Two: Board Member Tips for Keeping Your Condo Association Safe

In part one of this two-part series, we discussed the importance of cyber security to your condo association and the steps that residents can take to protect themselves and their association. In this article, we look at your board’s responsibility in preventing cyber attacks.

Posted on Wednesday January 25, 2017 read more

How Your Condo Board Can Ensure Great Communication

For a condominium corporation, great communication relies on an open exchange of information, thoughts and ideas among residents, board members and your property management company. When communication is done well, you can get the answers you need, tackle challenges and strengthen community spirit. 

Posted on Monday January 23, 2017 read more

Cyber-Security Part One: How Residents in Condo Communities Can Protect Their Tech

Like it or not, we have become very dependent on our technology. Whether it’s a cell phone, tablet or computer, our devices enable us to stay connected, conduct business and access information anywhere, anytime. Yet as convenient as these devices may be, cyber security is simply not a priority for the majority of tech users—despite the increased prevalence of cyber attacks. One recent attack even occurred in our own backyard at the University of Alberta.   In part one of our two-part series, we look at why cyber security is so important to condo associations. We also provide important steps that residents in your condo community can take to protect their technology so that sensitive information doesn’t fall into the wrong hands.

Posted on Thursday January 19, 2017 read more

Six Important Things You Need to Know as a New Board Member

Some owners are reluctant to volunteer to be a condominium board member because they’ve never done it before. That’s why we developed these six essential tips for new board members to help them get up-to-speed quickly. If you consider these points as you get down to condo business, you will be successful in your new role ─ one in which you really can make a difference.

Posted on Friday January 13, 2017 read more

LED Lighting: It’s a bright choice

LED lighting is a great way for a condo building to save money on energy and light bulbs. Since the lights use much less energy and have a significantly longer operating life, the positive impact on the corporation’s operating budget is definitely worth the initial investment.

Posted on Wednesday December 28, 2016 read more

Eleven Tips to Improve the Security of your Home

Don’t make it easy for criminals to get into your home. These 11 common sense tips will help homeowners improve the security of their property and make it safer for their families.

Posted on Wednesday December 21, 2016 read more

Creating Positive Interactions Between Condo Board Members

Everyone brings their own assumptions and methods of completing tasks to each group to which they belong. Condominium board members are no different. While the diversity of the group can be its greatest strength, it also can create difficulties between the individual members. It is important to structure condo board meetings in a way that creates a professional and positive working relationship. Here are some tips to help boards achieve this.

Posted on Wednesday December 14, 2016 read more

How to Prevent Water Damage

Living through a situation where your condominium is damaged due to a water loss can be extremely difficult. While you may not be able to stop every occurrence that threatens your home, there are steps you can take to help minimize the risk.

Posted on Wednesday December 07, 2016 read more

How to Create Policies for Your Condo Association—Without Making Enemies

Rules are essential in a multi-family community. They layout expectations for the residents and promote a spirit of co-operation amongst the group. When the board-set policies are violated, a defined set of steps should occur to encourage compliance. It is important for a condo board to craft their policies thoughtfully, looking at the rules from all angles to determine the balance between the need, property values and homeowner freedom. Here are eight steps to consider when developing policies for your condominium.

Posted on Tuesday December 06, 2016 read more

Four Ways to Maintain the Holiday Spirit While Enforcing Your Condo Association’s Decorating Policies

Decorating our homes to celebrate the holidays, national observances, festivals, seasons and more is something many love to do. It creates a sense of community and comfort to observe these annual events. If you live in a condominium community you need to know what the rules surrounding this type of expression are. You may be limited to the amount of decorations you display. Lights might have to be turned off after a certain time so they do not shine on into the wee hours disturbing the sleep of neighbours. There may be limits to how many days or weeks the décor can be displayed. Of course, as a board member, you don’t want to ruin the party, but you have to be knowledgeable about the rules and ensure they are communicated clearly to residents so they can maintain their festivities within the guidelines.

Posted on Tuesday November 29, 2016 read more

The Sharing Economy Part 2: Reducing the Risks to Condo Associations and Residents

Short term vacation rentals are popular with both travelers and the homeowners that rent to them. Perhaps you have stayed in a home that was advertised on Airbnb or VRBO. Maybe you have rented your home this way. For the most part people love this alternative to staying in a hotel or a B & B.   But what are the implications when the home is part of a multi-family community? What about the common areas and amenities for which all the owners pay upkeep? There can be insurance implications as well. This article discusses some ways the risks to the condominium and its residents can be reduced.

Posted on Tuesday November 22, 2016 read more

The Sharing Economy Part 1: The Effects of Short-Term Rentals on Your Condo Association

How are short-term rentals, the sharing economy, affecting your condominium community? Many love the ability to travel to new destinations and have the opportunity to rent an actual home as part of the experience, at a price that is likely less than a hotel. But what are the implications in a multi-family residence? Read part 1 of our series on the phenomenon here.

Posted on Friday November 11, 2016 read more

What to Expect When You Transition to a New Condominium Management Company

Once your condominium board makes the decision to change to a new property management company, the transition process begins. A good management company will have proven processes in place to ensure the changeover proceeds as smoothly as possible.

Posted on Tuesday November 01, 2016 read more
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