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The Top Wins For Condo Boards That Outsource Administrative Management Function
Outsourcing administrative work provides a direct route to improved efficiencies for your condo board. When you outsource your administrative management function you quickly fill in the skills gaps. As a result, you improve day-to-day operations, reduce stress, and enjoy cost-saving wins for your condo corporation. Improving Efficiencies as a Result of Outsourcing Administrative Management Often…
Read MoreInclusive Condos: How to Keep Holiday Decorations Inclusive Yet Festive
Time for holiday decorations in your condo? In a country rich with different cultures and traditions, show awareness, respect, and understanding by making your holiday decorations inclusive of all residents. Diverse condo communities offer opportunities to learn more about different cultural traditions. Condo boards wishing to reflect the festive spirit of the holiday season must…
Read MoreHow to Keep Condo Owners Happy with Stellar Winter Maintenance
Nothing makes condo owners happier than seeing their hard-earned dollars at work. When you ensure your winter maintenance is well-managed, residents feel their property is being cared for and their common element fees are being used wisely. Here’s how to keep residents smiling even when the bitter cold of winter is upon us. Secure Trusted…
Read MoreThe 4 Most Revealing KPIs Every Condo Board Should Track To Avoid Disaster
The financial and physical health of your condo depends on your board’s management. One of the basic management best practices boards tend to overlook is using key performance indicators (KPIs and more specifically condo KPIs) to measure their success. Does your board measure and track the success of your condo corporation? Here we list four…
Read MoreSpotlight: Fraud & Crime in Condos (CPO Management Inc. Featured in ACMO’s Condominium Manager Magazine
Check out our latest feature in the Association of Condominium Managers of Ontario (ACMO) Condominium Manager magazine – Fraud & Crime issue. We discuss the importance of tendering and technical assessments for ethical capital improvements. Property managers play a key role in not just assisting, but also educating board members on capital improvement best practices.…
Read More5 Important Things Florida’s Surfside Condo Collapse Has Taught Boards
Florida’s Champlain Towers’ south condo collapse is a scenario all condo boards dread. Yet, lost life due to poor property management is completely avoidable. Here we look at five important things the surfside collapse has taught condo boards. The Danger of Deferrals According to sources, an engineering report noted “major structural damage” in 2018. The…
Read MoreIrrigation in Condos: 5 Ways Water Smart Irrigation Assessments Saves Money
Inefficiencies in water irrigation systems in condos can lead to costly water waste. Therefore your board needs to ensure proper management and maintenance of your system. One of the easiest ways to do so is to schedule a Water Smart Irrigation Professional (WSIP) Assessment. Here are five ways a WSIP assessment can help reduce water…
Read MoreWhat Boards Need to know About the Condo Guide
As of January 1, 2021 condo developers must provide the new Condo Guide to purchasers of residential new or pre-construction condos. While the Condo Guide speaks to topics of interest for condo purchasers, it’s also important to condo boards. Here’s what your condo board should know about related Condo Act amendments and the Condo Guide…
Read MoreBreaking Down Costs Of Poor Communication For Condo Boards
The efforts to maintain effective communication between condo boards and owners can take up a lot of time. However, when looking at the potential costs and consequences of poor communication, it is easy to see the importance of effective communication. Here we break down the costs condominium corporations face due to poor condo board communication.…
Read MoreProperty Managers: Just Washing Surfaces? What About Air Quality in Condos?
With the arrival of the pandemic, condo protocols focused on cleaning surfaces. This overlooked a far more dangerous threat: Poor indoor air quality in condos. While your building should continue to clean surfaces, you should also introduce clean air protocols. Risk of Ventilation and Aerosol Transmission Someone infected with COVID-19 can spread particles when they…
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