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.
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.
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.
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.
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.
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.
Pesky, frustrating and not the kind of thing anyone wants to wake up to, bathroom mould is one of the most common problems condo and homeowners face.
The good news is, assuming it hasn’t gotten out of control, the mould is relatively easy to get rid of, and even easier to prevent – if you know what you’re doing.
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.
Before you choose on renting the unit out yourself, or hiring a professional, such as a real estate agent, ensure the condominium’s rules and regulations will allow for a rental by speaking with the condominium property manager, as some condo’s may restrict the quantity of rentals allowed in a building.
It’s that time of year, when the snow starts to fall, you can see your breath in the cold winter air, and Christmas carols fill the radio stations and malls. Before you start to decorate your balcony with a string of your favourite sparkling lights, or cut down a tree, best to check your condominium bylaws, declarations and rules, and consult with your condominium property management company.
So you have made the decision to purchase a condo, and beyond the traditional excitement and anxiety that comes with any major life change, there are some fundamental aspects that you must understand before signing on the bottom line, specifically the financial condition of the condo corporation, with regard to the reserve fund.
