In January 2020, the World Health Organization (WHO) declared the outbreak of a new disease (COVID-19) in Hubei Province, China. Since then, the virus has spread to other countries around the world. According to WHO, following these five steps will greatly reduce the chances of contracting and/or spreading the virus, and keeping you as healthy as possible
Fire Safety - 7 tips that can save a life
Avoid Holiday Fires in Your Rental Property
The holiday season brings out the best in tenants and building owners alike, which is why it’s important to work together to reduce the risks of a holiday fire. Unfortunately, fires are more common this time of year, partly due to cooking holiday meals and décor choices.
How can you ensure your tenants stay safe? Here are our tips to avoid a holiday fire in your property.
Everything You Need to Know About Condo Reserve Funds
Preventing & Addressing Property Maintenance
Tenant Surveys: Why They’re Important
Are You Ready For 2018’s New Condo Rules?
From reflections of years past to new goals and ultimately, resolutions for improvement as we begin another New Year we are faced with change. The world of property management is certainly no exception, which is why the Condominium Authority of Ontario (CAO) has introduced new condo rules that have taken effect in 2018.
Condo Replacement Reserves: How to Budget Preventative Maintenance
Some people believe you should only fix a problem when there is one. But, this type of thinking often creates more difficulties and challenges when issues are compounded over time. It’s better to build up the motivation and be proactive by investing in preventative maintenance for your condominium. Creating a budget for preventative maintenance will save your team time, money and stress in the long run.
Condo Directors: New Four-Step Training for Success
Property management is a growing and crucial field in Canada. Ensuring that property management is done well is critical to keeping residents happy, not to mention in helping property owners improve bottom lines and achieve greater financial success. With home prices escalating across metropolitan areas, trends have shown that increased numbers of people are moving into condominiums (including families), which raises the need for strong property management at these locations.
What is Involved in Becoming a Board Member?
Condominium Legislation Changes This Fall
Condo owners in Ontario prepare yourselves, because change is on its way. Beginning this fall, condo owners and corporations can expect greater confidence and security in their investment when new rules take effect. Currently, condo owners and corporations have to go through legal courts or hire a mediator in order to pursue property issues – from keeping pets in the building to corporate record access. The need for change and improvement with current legislation becomes inevitable with an ever growing number of condo residents, condo units and condo corporations in the province. The current resolution process has become expensive for many residents and overly saturated causing it to be ineffective.
An Airbnb recent court decision provides significant power for condominium boards in dealing with short term rentals
Geothermal Systems – More than a cool innovation
Geothermal - More than a cool innovation.
Geothermal systems, otherwise known as geo-exchange or earth energy systems, provide consistent heating and cooling year round, by tapping into the earth’s nearly constant temperatures which are found just below the frost line.
Geothermal systems have only been around in Canada for about 60 years. Credit goes in large part to Professor Frank Hopper of the University of Toronto who first brought this system to the main stage. Find out more about how Geothermal Systems work and how they can benefit your condominium.
I’m a director for a new condo. What do I need to know?
I’m a director for a new condo. What do I need to know?
Being a director for a recently registered condominium is hard work, but it can be very rewarding. The first year or so after registration the directors will be very busy and face many challenges.
In addition to their ordinary duties (i.e. to manage the affairs of the condominium and ensure the owners comply with the Act and the condominium’s documents), the directors for a new condominium should pay special attention to a few key areas.
Sorry, that's not allowed
Whether you are new to condominium living, or have been a long term resident in a townhouse or high rise, you will have likely heard these four dreaded words from your condominium property manager: “Sorry, that’s not allowed.” There are benefits to be had, but there are also compromises to be made with living in a condominium.