Eleven Tips to Improve the Security of your Home
Posted on Wednesday December 21, 2016
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.
Creating Positive Interactions Between Condo Board Members
Posted on Wednesday December 14, 2016
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.
How to Prevent Water Damage
Posted on Wednesday December 07, 2016
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.
How to Create Policies for Your Condo Association—Without Making Enemies
Posted on Tuesday December 06, 2016
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.
Four Ways to Maintain the Holiday Spirit While Enforcing Your Condo Association’s Decorating Policies
Posted on Tuesday November 29, 2016
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.
The Sharing Economy Part 2: Reducing the Risks to Condo Associations and Residents
Posted on Tuesday November 22, 2016
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.
The Sharing Economy Part 1: The Effects of Short-Term Rentals on Your Condo Association
Posted on Friday November 11, 2016
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.
Keeping Your Condo Community Relevant in Alberta
Posted on Monday October 24, 2016
It is important for condominium boards to consider ways to keep their corporations relevant in an ever changing world. Complacency can make your community less desirable to residents and prospective home owners. Consider these five tips to help your multi-family property continue to flourish.
Six Simple Steps to Develop Your Condo Corporation’s Budget
Posted on Thursday October 20, 2016
A good budget provides the framework for the successful operation of a condominium corporation. Sometimes condo board members are daunted by this important undertaking. We have broken the task down into manageable steps to help you create a financial plan that will accomplish your goals.