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  • How to Create Policies for Your Condo Association—Without Making Enemies

    Rules are essential in a multi-family community. They layout expectations for the residents and promote a spirit of co-operation amongst the group. When the board-set policies are violated, a defined set of steps should occur to encourage compliance. It is important for a condo board to craft their policies thoughtfully, looking at the rules from all angles to determine the balance between the need, property values and homeowner freedom. Here are eight steps to consider when developing policies for your condominium.
  • How to Identify and Resolve Conflict within a Condo Board

    As a condominium or HOA board member, how do you deal with contentious issues? This article discusses five steps to take to foster a spirit of cooperation among board members and diffuse difficult situations.
  • Setting reasonable pet policies for your condominium: What you need to know

    Pet owners love their pets, but not everyone else feels the same. When people live in multi-family communities it is imperative to create a balance for all residents, whether they have furry companions or they don't. How can this be achieved? A good start is clear bylaws and pet policies that consider the needs of all.
  • How Your Condo Board Can Ensure Great Communication

    For a condominium corporation, great communication relies on an open exchange of information, thoughts and ideas among residents, board members and your property management company. When communication is done well, you can get the answers you need, tackle challenges and strengthen community spirit.
  • 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.
  • Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof

    We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes. These harsh weather conditions can create all sorts of problems, from minor leaks to major cave-ins that can cost a condominium corporation thousands to repair.
  • Renting Your Condominium

    When renting your condominium, both owner and tenant have responsibilities under the Condominium Property Act of Alberta (CPA). These are in addition to rights and responsibilities for landlords and tenants covered in the Residential Tenancies Act (RTA).
  • 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 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.
  • 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.
  • The Condo Residents’ (Unofficial) Bill of Rights and Responsibilities

    Life in a multi-family community is much more pleasant when residents and leaders each understand their individual rights and responsibilities. As in all aspects of life, respect for each other and adherence to the rules are key components to successful community relations.
  • The Nuts and Bolts of Running a Great Condo Board Meeting

    Love them or hate them, if you are a condominium board member you know that board meetings are essential to the successful operation of the community. But not all meetings are as effective as they should be. With some planning and guidelines in place this can be improved in short order.
  • The Secret to Great Board Member Communication

    As a board member of your condominium corporation you have many responsibilities. Within your role time management and organization are two vital aspects in the life of a board member, but what about communication? Let us offer you some tips on ways to best communicate as you fulfill your duties.
  • The Six Secrets to Building Your Condo’s Volunteer Pool

    As a board member for your condominium corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging.
  • True Financial Stability

    A strong, healthy corporation requires every facet of property management to work in sync toward one common goal...true financial stability.
  • What are Your Property Manager’s Responsibilities

    What are your property manager's responsibilities? Find out if they have what it takes. Upcoming Condominium Management Licenses and more.
  • What Your Condo Corporation Needs to Know About the Legalization of Recreational Cannabis

    The Canadian Senate passed Bill C-45 , known as the ‘Cannabis Act’, in June 2018 which legalized the recreational use of cannabis across Canada. The first G-7 country to do so! When Bill C-45 goes into effect on October 17 th , Canadians will be able to purchase, consume and grow up to four cannabis plants, as well as make cannabis-containing products at home.
  • HOA Policy: 7 Steps for Easy, Effective (and Respectful) Rule Enforcement

    Learn why effective HOA policy starts with a strong communication plan.
  • HOA Policy: 7 Steps for Easy, Effective (and Respectful) Rule Enforcement

    Learn why effective HOA policy starts with a strong communication plan.
  • Setting Pet Policies for Your Community: What You Need to Know

    Learn how to approach pet policies to ensure that they are respectful, safe and compliant with the law.
Showing 217 - 240 of 330