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Sometimes confusion exists over what expenses the operating budget covers and those that are reserve fund responsibilities. If board members understand the difference between the two, it's much easier for them to make the correct decisions when managing the affairs of the condominium corporation.

Each condominium corporation in Alberta is required by law to elect a board of directors to manage the corporation on behalf of all the owners. This article gives more detail about the election process and the role of the board.

Recent research has revealed seven service standards that are important to condominium and HOA Board members when they evaluate property managers. How does your manager stack up?

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.

Some owners are reluctant to volunteer to be a condominium board member because they’ve never done it before. That’s why we developed these six essential tips for new board members to help them get up-to-speed quickly. If you consider these points as you get down to condo business, you will be successful in your new role ─ one in which you really can make a difference.

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.

Are Residents in Your Condo Corporation Getting the Message? Does your board know the secrets of effectively communicating with residents?

If you’ve ever been a volunteer board member, you probably know the importance of board meetings. However, sometimes they are not as productive and professional as they could be. Delicate situations can arise. To keep your meetings focused, respectful and collaborative, put these helpful tips into practice.

The board of a condominium corporation has many roles and responsibilities. This article highlights the importance of the duties the treasurer must fulfill on a volunteer condo board.

Most people who join the board of their condominium corporation aren’t experts. Rather, they are well-intentioned, dedicated volunteer-leaders who want to protect property values and ensure their community continues to be a great place to live. If you’re a new board member – or even a seasoned one – it’s important to get the training you need to govern effectively and address the issues you may face.

What are your property manager's responsibilities? Find out if they have what it takes. Upcoming Condominium Management Licenses and more.

Learn how to amend your association bylaws, including the practical logistics required to do so.

How do boards mitigate social media risks? We asked the expert. Watch the webinar to learn how to promote online engagement and avoid legal pitfalls.

Learn how to effectively manage HOA staff and manager changes.

Learn how to effectively manage HOA staff and manager changes.

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.

Condo rental restricts can include limits on short-term rentals, requirements for tenant approval, or caps on the number of units that can be rented at any given time. Learn more with our guide!

Communicate the details of the association's snow removal contract so residents know what to expect.

Knowing where your assessment money goes is essential to being a savvy association or co-op resident. In this article, we break down the main cost categories.

An HOA dispute occurs when a homeowner, board member, or third party disagrees with an association’s policies, decisions, or enforcement actions. Learn what you need to know in our guide.

Learn how to effectively manage HOA staff and manager changes.

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.

For New York City co-op and condo boards, virtual annual meetings are the new normal. FirstService Residential is here to help make your transition as seamless as possible.