Steven Peros
Property Management Trends for the New Year

At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months. 

Property Management Trends for the New Year
Steven Peros
Important Winter Maintenance Tips for Property ...

At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months. 

Important Winter Maintenance Tips for Property Managers
,

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.

Is AirBnB in your condo?

In condominium high-rises and town-home complexes across Ontario, there is an increasing number of short term rentals that are popping up at alarming rates. You would be surprised about the implications your condominium may be exposed to and the potential costs associated with allowing AirBnB's to exist in your community.

,

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. 

,

Protecting Condominium Owners Act – Condo Manager Licencing

,

This marks the last excerpt from the Ontario Governments web-site publications on this new act and what it means. In this last segment, property managers and licensing. To read the entire article, please click on the link at the bottom of this article.

,

Protecting Condominium Owners Act – How Condos are run

,

This marks another excerpt from the Ontario Governments web-site publications on this new act and what it means. In this segment, how condo's are run. To read the entire article, please click on the link at the bottom of this article.

,

Protecting Condominium Owners Act – Insurance, 1st year budget and investments

,

This marks another excerpt from the Ontario Governments web-site publications on this new act and what it means. This segment deals with Insurance, 1st year budget and investments. To read the entire article, please click on the link at the bottom of this article.

,

Protecting Condominium Owners Act – Reserve Funds

,

This marks another excerpt from the Ontario Governments web-site publications on this new act and what it means. This segment deals with Reserve Funds. To read the entire article, please click on the link at the bottom of this article.

,

Protecting Condominium Owners Act – Status Certificates, Noise, Notices and Operating Budgets

,

This marks another excerpt from the Ontario Governments web-site publications on this new act and what it means. This segment features topics such as Certificates, Noise, Notices and Operating Budgets. To read the entire article, please click on the link at the bottom of this article.

,

Protecting Condominium Owners Act - An outline of the changes to Ontario’s condo laws

,

As the industry embarks on an exciting new journey with the introduction of Bill 106, Central Erin Property Management is pleased to be part of this of this process, which includes education. We will be sharing excerpts from the Ontario Governments web-site publications in the next series of blog articles, on this new act and what it means. To read the entire article, please click on the link at the bottom of this article.

,

Bill 106 - ACMO Video Series

,

With Bill 106 receiving royal assent on December 3, 2015, there is great anticipation of how this much anticipated, long overdue piece of legislation will be implemented. A series of educational videos were created by ACMO (Association of Condominium Managers of Ontario) to provide expert opinions on each of the focus areas within Bill 106, the Protecting Condominium Owners Act. 

,

Tarion - New Homeowner Information Package

,

Getting ready to move into your new home is an exciting and busy time. However, it is important that you set aside some of that time to carefully read through this Homeowner Information Package and become familiar with its contents. It describes your home’s statutory
warranties and the responsibilities of both you and your builder, and explains how Tarion will handle a statutory warranty claim. 

,

Can Condominiums Be Liable For Dog Attacks on Common Elements?

,

All this to say that, pursuant to the Occupiers’ Liability Act, a Condominium Corporation could be found liable for damages resulting from a dog attack on common elements if the corporation has failed to take reasonable steps to ensure the safety of other individuals on the property. So, what is a Condominium Corporation to do?

,

Five easy ways to enhance security at your condo or townhouse complex

,

Typically, security is a topic that only gets attention and consideration after an event has taken place. A strong understanding of the potential risks, before they occur is a key element in developing a professional property management system that focusing on prevention over reaction.

,

Bill 106 (Protecting Condominium Owners Act, 2015)

,

Many are surprised to learn that given the high values of properties that are being managed throughout Ontario and budgets that regularly top millions of dollars a year per corporation that condo managers and management firms have never been subject to any mandatory qualifications or regulation.