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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.

It's easy to get enthusiastic about holiday decorating. How do you keep your residents from going overboard without being a scrooge? Read on for simple tips to keep holidays in your community merry!

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?

Security risks increase exponentially during the holiday seasons for high-rise buildings. Many residents travel for the holidays, move to warmer weather during the winter months, or have an influx of guests and family members in and out. These factors make it easy for intruders to make it into the building, especially if there are no procedures in place to track the many people and deliveries in and out of the building.

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.

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.

Lights, candles and wreaths, oh my! The most decorated season of the year is arriving, with celebrations from many cultures and faiths coinciding in the next few months. For condo communities, the desire to deck the halls can clash with the rules of the corporation. Follow these tips to maintain a festive community without décor running amok.

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.

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.

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.

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).

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.

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.

Most people who join the board of their condominium corporation aren’t experts. Rather, they are well-intentioned, dedicated volunteer-leaders who want to protect property values and ensure their community continues to be a great place to live. If you’re a new board member – or even a seasoned one – it’s important to get the training you need to govern effectively and address the issues you may face.

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.

HOA rental restrictions can bring several benefits to a community association if done properly. Here are five steps to follow when adopting HOA rental restrictions successfully.

Now is the time for building engineers to winterize their buildings to protect them from harsh Illinois winters.

FirstService Residential and FirstService Financial work in tandem to help our clients successfully finance capital improvement projects and save money without compromising quality of service.

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.

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.

Catch our latest online discussion with our lifestyle gurus, who'll discuss this year's lifestyle trends, best practices and hosting virtual events.

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.

Is your association really prepared for an emergency? Learn how to develop an HOA emergency preparedness plan in 8 steps.

How should your HOA board handle a pandemic like COVID-19? Start by tackling these 5 questions.