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  • 5 Ways to Create Sensible Condo Policies

    Every condominium corporation needs rules and policies. But if your condo board doesn’t carefully think them through or doesn’t implement them properly, they can backfire. Rules that go too far or enforcement that is inconsistent or lax can lead to animosity among residents and can chip away at your condo’s sense of community. How can your board implement rules and policies that won’t cause these types of problems?
  • Condominium Management Basics – 10 Helpful Hints

    As a board member of a condominium corporation you have an important role that should not be taken lightly. Remember, in addition to the responsibility you have to the members of your community from a business point of view, these people are also your neighbours and friends.
  • Tips for Creating a Community Newsletter

    Creating a newsletter for your condominium residents that will give them valuable and relevant information is harder to do than it may seem upon first glance. Here are the basic things to consider, brought to you by your property management professionals at FirstService Residential.
  • Creating a Condo Flooring Policy to Address Noise Issues

    When people live in close quarters, it is inevitable that they will hear sounds from neighbouring condos from time to time. Noise between units can be minimized in many ways. One of the most effective tools for a condominium board to implement is a flooring policy that guides owners when they want to replace their floor coverings. Choosing the right products makes a big difference when it comes to the transfer of noise between condominium units.
  • Creating Positive Interactions Between Condo Board Members

    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.
  • Cyber Security Part Two: Board Member Tips for Keeping Your Condo Association Safe

    In part one of this two-part series, we discussed the importance of cyber security to your condo association and the steps that residents can take to protect themselves and their association. In this article, we look at your board’s responsibility in preventing cyber attacks.
  • Defining Condo Corporation Leaders’ Rights and Responsibilities to Create Better Communities

    When your condominium board members (and your property management team, if you are working with a professional management company) have a thorough understanding of their rights and responsibilities, it helps to create a more inviting community. Your community is more likely to be effectively managed and well-maintained, which leads to happier residents.
  • Drowning in Paperwork? Six Guidelines for Getting it Organized

    We all know that “organizing paperwork” is not at the top of most people’s list of things-to-do. Most likely we also know that it suddenly achieves high importance when we have to ask ourselves “now where did I see/put that?” When speaking of the documents of a condominium corporation, it is imperative that these be accessible and up-to-date when they are needed. These six guidelines will help you get it organized.
  • Eleven Tips to Improve the Security of your Home

    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.
  • Four ways to set decoration policies for your condominium corporation without being a grinch

    Lights, candles and wreaths, oh my! The most decorated season of the year is arriving, with celebrations from many cultures and faiths coinciding in the next few months. For condo communities, the desire to deck the halls can clash with the rules of the corporation. Follow these tips to maintain a festive community without décor running amok.
  • Home for Sale? Six Tips to Add Value and Appeal

    For most people selling a condominium, it is important to stand out from the competition in the real estate market, have a quick sale and obtain the best possible price. But how do you do that? The way your property is presented to potential buyers makes a big difference. Consider these tips to help you achieve real estate sales success.
  • How to Communicate so Condo Residents Listen

    Are residents in your condominium corporation always aware of upcoming events, construction projects and board meetings? Do they understand their responsibilities and the policies they need to comply with?
  • How to Improve Communication in Your Condo Corporation

    As a homeowner, you can do your part to make communication in your condominium corporation better. Find out how.
  • Keeping Your Condo Board Committees on Track

    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.
  • Nine Things to Know About Conflicts of Interest

    The term “conflict of interest” is often used when discussing board member activities, but it is one that is not always understood. Having a clear definition of what is and what is not a conflict of interest is critical to a board as it carries out its duties on behalf of the rest of the owners.
  • Preventing Condominium Issues When Snowbirds Fly the Coop

    As Canadians anticipate spending the winter months knee-deep in snow and freezing temperatures, it’s likely that some residents in your condominium corporation community are anticipating spending some of their winter in a warmer climate.
  • The Difference Between Operating Costs and Condo Reserve Fund Expenditures

    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.
  • 7 Financial Must-Do’s for Condo Corporation Success

    There are so many things to enjoy about living in a condominium community. Among them are the sense of community, the great amenities and the high standards. However, if your condo corporation’s finances aren’t stable, none of it is possible.
  • Seven Important Things to Know About Condominium Boards

    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.
  • Seven Tips for Preparing an Effective Annual Budget

    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.
  • The Sharing Economy Part 2: Reducing the Risks to Condo Associations and Residents

    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.
  • Should You Consider Moving to a High-Rise Condo?

    There are many things to consider when it is time to move. Maybe you’re moving to a new neighbourhood or a new city. What if you want a complete lifestyle change and are thinking about leaving your single-family home or townhome and considering moving to a high-rise condominium? Depending upon your goals, this may or may not be the right move for you.
  • Six Simple Steps to Develop Your Condo Budget

    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.
  • Smart Financial Planning

    Safeguarding a 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.
Showing 217 - 240 of 341