Archive for November 2023
Building Restoration: Does Your Condo Board Know Who Does What?
When your condo board is about to embark on a building restoration project, you want to have the right experts on the job. Do you need an architect, an engineer, a building envelope contractor, or all three? Here, we look at the key players in building restoration to ensure you have access to the most…
Read MoreEvery Condo Board’s Guide to the Cost Proportions for their Corporation
Let’s talk cost proportions for your condo corporation’s expenses. The monthly common element fees (CEF) your condo board collects come with an obligation to your unit owners. Your job is to ensure you allot those funds properly to cover expenses and manage your reserve fund effectively. Here we offer a comprehensive guide to help you…
Read MoreWhat are the Core Responsibilities Involved in Managing A Condo Corporation vs. Administration?
The title “Condo Manager” can be misleading. While one condo corporation might hire a Condo Manager to oversee administrative duties, another might hire them to carry out duties that require a license. The Condominium Management Services Act defines the core responsibilities of a licensed Condo Manager. Here we compare the core responsibilities of a licensed…
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