3 Facts About Insurance Your Condo Corporation Should Know
Posted on Tuesday July 17, 2018
You and your fellow board members want what’s best for your condo corporation. You’re serious about your fiduciary duty and about protecting the corporation’s interests. Misunderstanding some important facts about insurance can actually put your community may be at risk.
4 Ways Your Board Can More Effectively Communicate Your Condo’s Budget
Posted on Friday June 29, 2018
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.
7 Financial Must-Do’s for Condo Corporation Success
Posted on Monday May 21, 2018
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.
3 Ways to Fund Your Condo Corporation’s Replacements and Major Repairs
Posted on Tuesday May 15, 2018
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?
Staying Ahead of Your Condo Corporation’s Maintenance and Improvement Projects
Posted on Friday April 27, 2018
Continually maintaining and improving your property is crucial if you want to protect your condominium corporation’s financial health. To ensure that these important responsibilities are well managed requires a long-term plan and a means of effectively handling day-to-day projects. Here’s how you can make that happen.
Five Steps for More Effective Condo Board Meetings
Posted on Tuesday April 10, 2018
If you’re like many board members, one of your most challenging jobs is running your condominium corporation’s board meetings. Keeping everyone on task and addressing board member disagreements is not always easy. So what can you do to manage your meetings more effectively?
The Six Secrets to Building Your Condo’s Volunteer Pool
Posted on Thursday February 15, 2018
As a board member for your condominium corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging.
Does Your Condo Corporation Have A Plan For Fostering A Sense Of Community?
Posted on Thursday January 18, 2018
Humans are social creatures. Since the dawn of time, we’ve had 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.
Demystifying Maintenance and Repair Roles for Residents in Your Condo Corporation
Posted on Wednesday December 20, 2017
How well do homeowners in your condo corporation understand maintenance responsibilities? You might think that responsibilities for maintenance, repairs and replacements would be straightforward enough – what’s inside the condo unit is the unit owner’s, and what’s outside is the corporation’s.
Preventing Condominium Issues When Snowbirds Fly the Coop
Posted on Wednesday December 13, 2017
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.