Posts by client
Does Your Condo Board Know About Following Proper Tendering Process?
Finding the right contractor for your condo corporation’s renovation projects is not an easy task. In fact, your condo board must remain compliant and follow a specific condo tendering process. Here, we look at the most critical steps to ensure you know how to follow the proper procedure. Review Your Condo Corporation’s Tendering Process Your…
Read More5 Eye-opening Ways to Modernize Tired Old Condo Buildings
Condo buildings start to lose appeal and value the moment they look tired and old. However, your condo board can modernize your building to revitalize curb appeal and create a more inviting, upscale lobby. Here are five eye-opening ways to modernize your condo building to maintain value, improve owner satisfaction, and boost energy efficiency. Update…
Read MoreMoney-Saving Building Restoration Tips Every Condo Board Should Know
Exterior building restoration is a capital project requiring careful budgeting. However, where many condo boards go wrong is sacrificing quality to save money. As a result, they face additional costs in material repairs and replacements down the road. Here, we share practical money-saving building restoration tips that save money in the short and long term. …
Read MoreBuilding 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…
Read MoreCondo Life Stages: What Makes Buildings Vulnerable at Each Life Stage
Condo buildings go through five life stages, each with its own vulnerabilities. Here, we look at what makes condo buildings vulnerable at each stage of the aging process to help you create a more predictive maintenance plan. Under a Year: The Pre-Natal Life Stage Feeling confident your reserve fund won’t be needed during the pre-natal…
Read MoreWhat’s a Healthy Reserve Fund?
Your condo reserve fund sets aside money for non-routine repairs and replacements. However, if your board isn’t careful, you can make critical errors that make it impossible to cover these necessary capital expenditures. As a result, your residents face the risk of special assessments. Here we look at what is considered a healthy reserve fund…
Read More3 Hidden Condo Damages Every Board Should Know About
Your building envelope is susceptible to direct and indirect damage. Direct damage is obvious and occurs to the building envelope itself. Indirect damage is hidden and results when direct damage is not addressed. As a result, indirect damage ends up costing your condo money as it is slow and progressive. Here, we look at three…
Read MoreHow Building Envelope Inspections Can Save Your Condo Board Money
Assessments play an essential role in preventive maintenance plans. You can take your assessments to the next level by including building envelope inspections to identify high-cost deficiencies. Here’s how building envelope inspections can save your condo board money. What Do Condo Building Envelope Inspections Involve? Building envelope inspections help find issues in your building envelope…
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