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Is Your Community Prepared for Water Leaks? Reducing the High Cost of Condo Water Damage
A leak in a high-rise condominium can quickly result in expensive water damage. How can you reduce your risk and be better prepared if your building springs a leak? -
Holiday Decorations Do's and Don’ts: HOA Rules For Holiday Decorations
How to establish decorating policies without being a grinch. Keep spirits bright this season for the whole community! -
Capital Reserve Fund vs. Capital Improvements for Texas HOAs
Capital reserve fund vs. improvements: Budget for both and know when and how to allocate them in your Texas HOA for a continuously improved community. -
Special Assessments: Fund Your Capital Improvement Assessment: Part III
Learn about special assessments as a way to fund unexpected capital improvements -
Planning an Award-Winning National Night Out Event
National Night Out is an annual event that promotes partnerships between communities, residents and local law enforcement. Celebrations can range from individual block parties to a large community festival. Either way, it’s a great opportunity to create connections between neighbors and focus on working together to make your community a safer, better place to live. This national celebration has become an annual tradition in many communities far and wide and we want to help you put together the best National Night Out event your association has seen yet. -
HOA Lighting Rules: How Your HOA Can Prevent a Holiday Light Trespass Issue
Holiday lights can brighten the community, but they also have a down side. Learn tips to minimize issues in your HOA with sensible policies. -
Prioritizing and Managing Your Community's Property Maintenance and Improvement Needs
Handling day-to-day maintenance and making necessary improvements are critical responsibilities for any homeowners association (HOA). And when your serve on your association’s board of directors, they can quickly become overwhelming if you don’t have a good system in place to manage them. So how do you make sure that your maintenance staff is able to handle that long list of tasks that need to get done so that your community runs smoothly and retains its appeal? -
5 Steps to the Best Reserve Study Firm
Your reserve study is important to your financial health, but how do you get one? How do you choose the right reserve study firm to conduct it? Learn more. -
3 Facts About Insurance Your Condo Corporation Should Know
You and your fellow board members want what’s best for your condo corporation. You’re serious about your fiduciary duty and about protecting the corporation’s interests. Misunderstanding some important facts about insurance can actually put your community may be at risk. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
It’s that time of year again – budget season is upon us. You know the things to consider when creating your budget, but what drives your process? Are you focused on achieving a particular vision for your community? Avoiding conflict in the community? Solely looking to avoid increasing dues/contributions? -
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 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. -
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. -
Four Steps to Healthy Finances
Keeping your condominium corporation’s finances healthy is much like keeping yourself physically fit. The key is to make smart choices and avoid over-indulgence. -
How to Protect Your Condo Corporation From Cyberattacks
When it comes to cyberattacks, you may be under the assumption that your condo corporation is flying under the radar. But you’d be dead wrong. In fact, as a small business, your corporation may be at greater risk of being targeted than ever before. -
Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
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. -
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). -
Seven Key Services for Condominium and HOA Boards
Recent research has revealed seven service standards that are important to condominium and HOA Board members when they evaluate property managers. How does your manager stack up? -
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. -
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. -
Ask the Expert: Cyber Liability Insurance Policy
Learn about cyber liability insurance policy, how to protect your HOA or COA from data breaches, and more ways to stay safe online. -
Florida HOA Laws 2020
Learn more about which Florida HOA laws passed in 2020, and how these new bills will affect your community.