-
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. -
Seven Important Things to Know About Condominium Boards
Each condominium corporation in Alberta is required by law to elect a board of directors to manage the corporation on behalf of all the owners. This article gives more detail about the election process and the role of the board. -
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? -
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. -
Should You Consider Moving to a High-Rise Condo?
There are many things to consider when it is time to move. Maybe you’re moving to a new neighbourhood or a new city. What if you want a complete lifestyle change and are thinking about leaving your single-family home or townhome and considering moving to a high-rise condominium? Depending upon your goals, this may or may not be the right move for you. -
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. -
5 Ways to Stop Disagreements from Taking Over Your Board Meetings
If you’ve ever been a volunteer board member, you probably know the importance of board meetings. However, sometimes they are not as productive and professional as they could be. Delicate situations can arise. To keep your meetings focused, respectful and collaborative, put these helpful tips into practice. -
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. -
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. -
Common Social Media Risks Texas HOAs & COAs Should Avoid
How do boards mitigate social media risks? We asked the expert. Watch the webinar to learn how to promote online engagement and avoid legal pitfalls. -
Winterizing Your Community Association
Now is the time for building engineers to winterize their buildings to protect them from harsh Illinois winters. -
Watch the Webinar: Lifestyle Trends for 2021
Catch our latest online discussion with our lifestyle gurus, who'll discuss this year's lifestyle trends, best practices and hosting virtual events. -
HOA Committees and Volunteers: 8 Tips to Rally Residents
An effective Utah homeowners association will not only recruit great volunteers and committee members, but will empower them to help improve the community. The question is – how do you get there? -
Staying Connected: Communication Best Practices for Board Members
These four components of a successful communication plan will help your board create and deliver effective messaging throughout the year. -
9 Tips on How to Improve Communication Amongst Your HOA Board
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. -
Mitigating Board Liability & Personal Exposure – Part One
A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure. -
Mitigating Board Liability & Personal Exposure – Part Two
Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical. -
5 Things to Know About Adequate Staffing
Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively. -
New York’s Climate Mobilization Act | Frequently Asked Questions
FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades. -
Residential EV Charging Stations: Benefits & Incentives for Multifamily Buildings
FirstService Residential recommends that all boards and building owners consider the installation of EV charging stations and incentives available through NYSERDA and ConEd. -
Beyond the Basics and Maximizing HOA Reserve Funds
Is your HOA reserving enough funds for the future? Go beyond the basics of reserve funds and learn how to maximize your investments. -
Arizona HOA Boards 101: What They Didn't Tell You
So, you want to be an Arizona HOA board member. Read our article to learn five lesser-known tips for brand-new or seasoned board members. -
HOA 101: Master These 3 Genius HOA Board Meeting Tips
Follow these three proven tips to improve your Arizona HOA board meetings and excel as an association. -
Delivering Exceptional Service: 6 Keys to a Great HOA Manager
What sets your association apart from other HOAs? Discover what types of support and training can help your manager (and association) excel.