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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?

Frozen pipes are an unwanted, but common, occurrence during Alberta's cold winters. The damage caused can be significant to condominium units and shared property. Our cold weather warning offers condominium residents tips to prevent frozen pipes and the water damage that results.

Self-managing your condominium property may seem like it saves money, but does it really? Why the cheapest property management option may not be the best.

Cold weather will soon be upon us, so now is the time to make sure your condominium maintenance program is on track. As brutal as Alberta winters can be, you certainly don't want to discover a leak in your roof during a heavy snowfall or have a boiler stop working during a record cold spell.

Reserve Fund Studies are based on the assumption that components will reach their maximum useful life. However, if a preventative maintenance plan doesn’t accompany your reserve study, it’s highly unlikely some components will ever reach their maximum useful life.

Proper condominium management depends upon the annual budget for both short- and long-term financial planning. It’s important to follow some guidelines to ensure the success of the community and protect the investment of the owners.

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.

When the temperature dips far below freezing, you'll want to be sure your pipes are well-insulated.

Learn more about which Florida HOA laws passed in 2020, and how these new bills will affect your community.

Get the latest Florida phase 3 property management guidelines to ensure your association is compliant.

Your residents are calling on about water leaks after a snowfall. Could an ice dam on the roof be the culprit?

Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines.

FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP.

Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement:

Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons.

Avoid facing surprise HOA maintenance costs. Here are 13 questions to ask about your preventive maintenance plan.

Healthy board communication is the key to enhancing your Arizona HOA’s reputation and property values. Use these 9 tips on how to improve communication to strengthen your HOA board.

Are you asking the right questions? A strong maintenance plan can be the difference between a well-run and run-down Arizona association.

Robust automation software can help boards and building owners in New York City satisfy local law compliance deadlines and inspection cycles.

Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively.

FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades.

Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties.

Is your HOA reserving enough funds for the future? Go beyond the basics of reserve funds and learn how to maximize your investments.

So, you want to be an Arizona HOA board member. Read our article to learn five lesser-known tips for brand-new or seasoned board members.