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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?

It seems innocent, but a surprising number of balcony and backyard fires are unintentionally started by disposal of smoking material in a potted plant or planter box. In a condominium environment this can have, and has had, disastrous consequences. And it's not just a summertime problem.

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.

There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are four strategies to save your HOA money and keep assessments stable.

A good spring-cleaning can do wonders for your community association. Here are some tips to get your started.

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

It's the most wonderful time of the year but not if your holidays are cut short by a fire, an accident or a theft. Taking these 4 safety precautions can prevent such misfortunes.

Learn the key components that should be included in a comprehensive preventive maintenance plan for your HOA or condo community.

Learn the key components that should be included in a comprehensive preventive maintenance plan for your HOA or condo community.

Learn the key components that should be included in a comprehensive preventive maintenance plan for your HOA or condo community.

Learn the key components that should be included in a comprehensive preventive maintenance plan for your HOA or condo community.

Often, expectations are not met when hiring a contractor. These tips will help you get the most from your vendor.

Often, expectations are not met when hiring a contractor. These tips will help you get the most from your vendor.

Often, expectations are not met when dealing with vendors. These tips will help you get the most from your contractor.

In Arizona, water conservation has become essential for individuals, communities, and HOA board members. Read on and discover the solution to water preservation in Arizona.

Within community association management, our goal is to establish industry standards by promoting a culture of service, dedication, and integrity within our organization. At FirstService Residential, our associates embrace our company's values and standards, contributing to our continuous success.

This summer, FirstService associates came together as One Team to make a positive impact and strengthen our community bonds.