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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?

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.

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.

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.

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.

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.

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.

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 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.

Learn why effective HOA policy starts with a strong communication plan.

Learn why effective HOA policy starts with a strong communication plan.

Learn how to approach pet policies to ensure that they are respectful, safe and compliant with the law.

Learn how to approach pet policies to ensure that they are respectful, safe and compliant with the law.

Learn how to amend your homeowners association governing documents, including the practical logistics required to do so.

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

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:

Are you really getting the best returns on your reserve funds? Most board members aren’t sure. Learn six ways to improve your reserve fund returns.

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

Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale.

Legislative matters impact community associations. FirstService Residential advocates for the associations in the Florida legislature. Learn more about the most important 2021 bills and updates!

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.