Posts by client
Understanding How The New Construction Act Affects Your Condo Board
If you condo board was overwhelmed with the challenges of the pandemic in 2020, you might have missed out on the new Construction Act that came into play in the fall of 2019. Here we offer a refresher course to help you understand how the new lien and holdback rules could affect you. What is…
Read MoreWhy Your Condo Board Is Missing The Boat Without A Preventative Maintenance Plan
Preventative maintenance plans allow your condo board to shift from short-term repairs to long-term improvements. While you still conduct the work in small increments, you manage it in a smarter, more cost-effective way. Here’s why your condo board is missing the boat without a preventative maintenance plan. You Become Proactive, Not Reactive Preventative maintenance plans…
Read MoreThe most cost-effective upgrades to make your condo building more resilient this winter
Resilient buildings hold up to major damage caused by catastrophic weather conditions. With climate change wreaking havoc on Toronto properties, your winter maintenance strategy should focus on ways to improve your building envelope to reduce risks for weather related issues. Here we look at the most cost-effective upgrades your board should consider this winter. Window…
Read MoreThe Condo Noise Conundrum: What Boards Need to do when Noise Complaints are Valid
Noise is very subjective. What is barely audible to one person, can be barely tolerable to another. As a result, condo boards must determine if noise complaints are valid. Here we explore noise complaints and what your board needs to do when the complaints are valid. Types of Noise in Buildings Condo boards have an…
Read MoreTop gains condo boards have when they outsource accounting function to a property manager
Condo boards face ongoing challenges as volunteers. No doubt you are fully committed to your role and responsibilities. However, if you lack experience, providing high level service is difficult. As a result, it can interfere with effective financial management that can lead to ongoing challenges. Here we list the top gains condo boards have when…
Read MoreHow to Know if Your Condo Management Company is Legit
Did you know that condo management companies cannot provide services in Ontario without the proper license from the Condominium Management Regulatory Authority of Ontario (CMRAO)? Here we review the provider requirements to help you choose a legitimate condo management company. CMRAO Licenses The easiest way to confirm your condo management company is operating legally is…
Read MoreHow To Master Reserve Fund Study Management For Success
A good reserve fund study is one of the best financial predictive tools at your disposal. However, if you take the time to master reserve fund study management it can also help secure the success of your condo board’s performance. Participate in the Process of Reserve Fund Study The best way to master reserve fund…
Read MoreIs condo suite metering right for your condo board?
Suite or sub-metering provides residents with their own electricity measurement. As a result, they pay only for the energy they consume. Sub-metering can also help boards gain more control over energy use in common areas. If your building was built prior to 2010, you should consider the possibility of introducing suite metering. How Suite Metering…
Read MoreHow To Make Your Condo More Cycling Friendly
In Toronto cycling is one of the fastest-growing modes of transportation. In fact in the downtown core 15 to 30% of residents cycle to work. Unfortunately, many downtown condos fail to meet the needs of cyclists. Here’s the challenges cyclists face with ideas to make your condo more cycling friendly. Storage Storage is one of…
Read MoreHow to Create A Lobby Redesign Everyone Will Love
Condo lobby makeovers are likely to cause some ripples, if not out and out tidal waves when not managed wisely. If your condo board gets the majority of owners on board with your plans, your job becomes much easier. As a result, your first order of business is to work as collaboratively as possible. This…
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