condo management

Everything You Need to Know About Condo Reserve Funds

It is mandatory that your condominium collects reserve funds. How much should your director be collecting for the fund? Further, what can those funds be used for? We’ll discuss everything you need to know about condo reserve funds.

Top 5 Tenant Complaints & How to Handle Them

Property management is about balancing the needs of different stakeholders. Tenants are a member of this agreement, and as property managers, it is your responsibility to make sure their needs are met thoroughly and efficiently.

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.

Employers Must Display Employment Standard Information

Employers Must Display Employment Standard Information

Many condominiums have employees, such as superintendents or cleaning staff. In order that all employers understand their obligations under the Employment Standards Act, 2000, (ESA) and as important, that employees know their rights, all workspaces must conspicuously post an Employment Standards Poster.

Does a condo renter have more rights than an condo owner when it comes to pets?

The Residential and Tenancies Act, 2006 (RTA) is the governing legislation that applies to landlords and tenants in the province of Ontario.  It provides that “[a] provision in a tenancy agreement prohibiting the presence of animals in or about the residential complex is void.”, while at the same time, a landlord cannot prevent a tenant from having a pet.  Condominium Boards that find a tenant’s pet to be a nuisance can have that pet evicted.

Condo Insurance – What Is Covered?

Understanding how condominium insurance coverage is set-up, and how owners and boards can reduce risk, is the best protection in order to keep the corporation’s insurance record healthier.  Condominium corporations can also protect themselves by adopting a standard unit by-law and/or an insurance deductible by-law.

PDI – Pre Delivery Inspection For Your Condo Property

If you have ever purchased a new condominium or are about to embark on this journey, it is mandatory to conduct a pre-delivery inspection (“PDI”). PDIs are governed by the Ontario New Home Warranties Plan Act, which is administered and managed by Tarion. Each builder must conduct a PDI with the purchaser of a new home whether it be a house or a condominium unit.

Can my Condominium send the AGM Package by Email?

The industry has long held that delivery of any documents relating to the corporation, must be in the form specified by the owner, and in compliance with the Act. Translated, a hard copy, mailed to the registered owner at the unit address, unless the owner has provided an alternate mailing address.

3 Considerations when renovating your bathroom space.

Upgraded bathrooms tend to hold their value especially well. Condo buyers are searching for that new and durable appeal within their property’s bathroom space and sellers can help maximize their returns with quality renovation work. However, renovating your condo can be more involved than you may think.

Five Easy Ways to Enhance Your Condo Security

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. 

Ways to live a happier life – Condo Living

These days, the word “downsizing” brings to mind tough economic times and layoffs.

But when it comes to your life, downsizing can actually make you happy! By making the move to a condo property, typically there is a sizable reduction in your livable space.