How Boards and Property Management Companies in Toronto Can Build Better, Happier Condo Communities

property management companies in Toronto

Condo boards and property management companies in Toronto all want a better community for their residents, without infringing on their rights and privacy. Communities in condos are diverse, providing homes to a wide variety of residents. This mix of people can offer a positive living experience. However, diversity often makes it difficult for board members…

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What Condo Boards Need to Know About Stage 3 Reopening Now

Stage 3 reopening during COVID-19

Now that Ontario has entered Stage 3 reopening, it will be interesting to see how well we all manage. It has been hard for businesses and individuals to adjust to the changes the pandemic forced upon us. However, the change we did, and it seemed to work. Although it took much longer than expected, COVID-19…

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How to Overcome Language Barriers in Condos

Language barriers in condos

Communication is key when living in a condo community. Board members and residents must use effective communication. However, when communities are diverse, language barriers are a common occurrence. Language barriers include more than a person’s language of origin. Barriers span from unfamiliar and complex terminology to linguistics and physical barriers to state of mind. To…

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How to Cultivate an Inclusive and Cooperative Environment

diverse and inclusive community

Today community diversity is more relevant than ever. Organizations that encourage employee contribution create a cooperative and inclusive environment. By celebrating the varied backgrounds of your team, everyone feels valued. They want to contribute more. With diversity your board members flourish sharing their skills and ideas. As a result, your community reaps the benefits. You…

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What Condo Boards Should Know About Special Assessments

special assessments

Special assessments are a condo owner’s worst nightmare. The assessment presents an extra charge on top of monthly maintenance fees. Owners do not have approval over a special assessment. From an owner’s standpoint, an assessment is never a good thing. Most owners trust their monthly fees include a reserve fund to pay for unexpected projects…

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What You Need to Know About A Condo Reserve Fund

condo reserve fund

One of the most important aspects of a condo board’s responsibilities is managing financials. This can be a challenge if condo boards don’t have a financial expert on the team. However, all boards have a budget prepared each year, usually by a condo management company. Condo management experts provide invaluable input when it comes to…

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How to Run Great Virtual Meetings as Condo Property Management

Condo Property Management Virtual Meetings

In April 2020, Ontario Regulation 107/20 was amended to accommodate changes during the Covid-19 pandemic. This affects condo property management and includes guidelines on virtual condo meetings and voting. To help you to adapt to this new approach, here are 10 tips to run effective virtual meetings if you’re a condo adjusting to the new…

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How to Register Liens for Unpaid Condo CEFs

Register liens for unpaid CEFs

Understand why registering liens is critical to the health of your condo corporation The Common Expenses Fee (CEFs) collected from condominium owners manage the costs of maintaining your condominium’s common elements. When owners fail to pay their CEFs, it can make a huge impact on the effective management of the property. Therefore, even during crisis…

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