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.
Tips for Improving Your Dog’s Behaviour and Keeping the Peace at Your Condo
Posted on Wednesday October 12, 2016
You love your dog and want him to be accepted by your neighbours. However, he has a few bad habits that sometimes make him less-than-welcome in your multi-family community. Don’t despair, often the difference between a not-so-good dog and a good community citizen is as simple as training. Here are seven tips that will help you strengthen the relationship between you, your dog and the people around you.
Common Mistakes Condo Board Members Make (and How to Avoid Them!)
Posted on Wednesday October 05, 2016
Not surprisingly there are many personalities at play among the volunteer members of a condo board. With decades of experience dealing with every type of board you could imagine, we have come up with four common mistakes we observe. See if you recognize any of these. If so, we offer suggestions for how board members can avoid making them.
Encouraging More Homeowners to Volunteer
Posted on Thursday September 29, 2016
Volunteerism is vital to the success of a condominium corporation. The board is made up of volunteer homeowners as are any committees that may be formed. Even though volunteering is important, it is often difficult to convince people to step up. Here are five tips to help encourage more residents to become involved.
Fire Prevention and Safety for High- and Mid-rise Condo Dwellers
Posted on Tuesday September 13, 2016
Many condo residents love the lifestyle that comes with living in a high- or mid-rise condominium building. It could be the amenities, the views or the convenience that attracts them, but there’s no question that for some it’s the right choice. But how often do people think about fire safety? It’s important to plan for the event that we all hope will never happen to us – here are a few things to consider to be prepared for a fire emergency.
Keeping Your Condo Board Committees on Track
Posted on Tuesday September 06, 2016
Community committees allow residents to become involved in the activities of their condominium. They can also help reduce the work load for the volunteer board. In order to function properly though, committees do need structure and board guidance. These eight tips will help to ensure your committees make positive contributions to the community and are aligned with board goals.