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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.

What makes a community a great place to live? A lot goes into it, but it’s no secret that often depends on community engagement.

In this article, we’ll break down everything you need to know about condo reserve funds, from what they cover to how they’re funded, why they matter for property values, and how an experienced property management company like FirstService Residential can help.

Are you looking for a new career path? Why not try property management? Working as a Property Manager will allow you to connect with people to form a sense of community and help enhance their lives as residents. Learn more about how joining the property management industry could fulfill your career dreams.

Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements.

In South Carolina, community volunteerism often includes helping neighbors, assisting local nonprofits, or improving shared spaces such as parks and clubhouses. Learn everything you need to know in our guide.

We understand that boards don’t want to ask residents to pay higher association dues. But costs go up, despite best efforts. Learn the surprising benefits of small, steady increases to your board and homeowners!

If you’re looking for comprehensive information about the different types of association meetings, ask a seasoned board member or your property manager for information and guidance. Meanwhile, we’ve put together answers to some of the most common questions about annual and special meetings.

Watch our final episode of Ask the Expert, to learn about leveraging your buying power with Christian Mora, National Director of Procurement at FirstService Residential.

View our third episode of Ask the Expert, featuring Andrew Stoutenburg, Regional Executive Director of Reserve Advisors, as he talks about the importance of reserve studies in financial planning.

We know budget season is stressful and we want to help! Avoid common mistakes & d ownload our budget survey results to discover key areas to consider when planning next year's budget.

Association terms that every board member should know and understand.

Would you say that your Board was successful in 2018? Read on to see what residents are saying about homeowner's associations nationwide!

As an elected board member, you have certain duties and obligations to the homeowners in your community. One of the most important of these is your commitment to protecting the financial health of the homeowners association (HOA). After all, the entire community depends on you to manage its money and keep its operations running smoothly.

Managing association covenant enforcement can be difficult in any community. Restrictions for every community can be different, and it can be a challenge to keep the rules fair, reasonable and equally applied to all homeowners. Read on for some basic guidelines that will make navigating through these issues a little easier.

One of the primary responsibilities of a community association board member is to ensure that residents are properly informed about happenings in the community, upcoming meetings & events, policy changes and more. Knowing what information needs to be communicated and how to make sure your announcement reaches everyone possible can be a challenge. Here are a few communication tips that will help keep the residents in your Homeowners Association well informed.

Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association.

Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association.

Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association.

In Texas, where temperatures can reach triple digits and humidity isn’t far behind, a refreshing dip in a pool can be a welcome relief. That’s why so many HOAs offer swimming pools as an amenity. Here are 10 guidelines to help you manage your association pool.

How would you describe what a great community looks like? Would you paint a picture of happy homeowners, smiling faces, exceptional amenities and a well-kept property with excellent curb appeal? Great community living may look easy to establish, but a lot of work goes into maintaining each aspect of that perfect community. Let’s take a look at three key elements that make a community great.

Consider 4 key elements when preparing for your Annual Meeting. Get practical tips today!

For some communities, the end of the year is a time to pass on the spirit of giving to its staff.