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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.

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.

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.

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.

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.

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

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.

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.

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.

These four components of a successful communication plan will help your board create and deliver effective messaging throughout the year.

FirstService Residential has helped boards and building owners save millions of dollars in energy costs, in part, through our Energy Aggregation Purchasing Program.

To help boards and shareholders navigate the legal and logistical nuances of virtual annual meetings, our property management experts have assembled a collection of best practices that address the most common concerns and logistical hurdles.

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.