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A depreciation report provides an inventory of your Strata Corporation’s common property and assets, their projected 30-year maintenance and replacement cost. It is a useful tool for Strata Councils when it comes to budgeting for capital projects and it also gives transparency for owners and buyers on the building.

In this piece, we'll break down what HOA transfer fees are, how they differ from other fees and taxes, and who typically pays them.

In the latest edition of The Leadership Corner, FirstService Residential leaders Robert G. Smith, Stephanie Parker, and Amy Sanchez share their expert insights and strategies from years in the property management industry.

The dangers of smoking and secondhand smoke are well known, and tobacco use is now the leading cause of disease and preventable death in the United States. But smoking doesn’t just impact our personal health – it also affects the buildings we live in, potentially increasing the risks of fire and property damage, raising insurance costs, increasing legal liability and more. In addition, property management companies, condominium associations and property owners often field complaints from homeowners about how smoking doesn’t just affect their health and safety, but also their lifestyle – issues like secondhand smoke drifting into their units, increased litter and fire hazards from discarded cigarette butts, smelly and unsightly ashtrays ruining the aesthetics of common areas, and more.

Let’s face it: Just because you are a member of your homeowners association (HOA) board of directors, doesn’t mean you know everything about running an HOA. The truth is, most board members are not experts; they are simply volunteers who want to do all that they can to ensure that their community continues to be a great place to live.

Join us for our virtual event, Get on Board: Onboarding New Board Members. Our panel of experts will answer your questions and provide best practices that will set your new board members up for success.

FirstService Residential has opened its first office in the First State to better serve its growing number of clients along the Delaware and Maryland shore.

If you are a high-rise Board member, resident or property owner looking for the peace of mind that insurance provides, make sure you have the correct coverage. Follow our guidelines!

Even in the sunny warmth of Florida, water in a swimming pool isn't usually warm enough. Solution? A pool heater. There are several options, each with pros and cons, according to Chris Normandeau, director of FirstService Energy.

Many people want to live in a community that has a swimming pool, and if there’s one in yours, you know what kind of value it brings. While it’s great to think of all those hot days when you and your neighbors can enjoy an afternoon in the water, with it comes many responsibilities community association board members must adhere to that go beyond staying cool or keeping in shape.

Managing your pool properly is important! Learn more about maintenance, safety issues and compliance matters that go into correctly operating a community pool.