Top Tips to Onboard New Condo Board Members for Success
New condo board members often face an uphill battle learning the ropes and understanding their directive. As volunteers they bring varying skills to the board, which makes getting them up to speed a challenge. To help in the onboarding process, here we share our top tips for new condo board members’ success. Develop an Onboarding…
Read More I Quit! How to Gain Control of Condo Board Member Churn
Ongoing board member resignations can cause operational disruptions, interfering with your board’s efficiency and effectiveness. However, you can use the following strategies to help avoid resignations and gain control of condo board member churn. Focus on Resignation Prevention Resignation prevention focuses on simple strategies that help ensure board member satisfaction and success, including: Formalize your…
Read More How to Prepare Your Condo Board for Toronto’s 2040 Net Zero Deadline
Toronto’s 2040 Net Zero deadline calls for retrofit strategies that go beyond traditional cost- benefit calculations. Here we look at how to prepare for the deadline by making smarter retrofit choices that help set the groundwork for sustainability. Consider Larger Retrofits Your board needs to focus on larger scale retrofits. Before undertaking any one project,…
Read More Every Condo Board’s Guide to Ontario’s Complicated Building Permit Process
Your condo board has a tough enough learning curve without trying to understand the complicated building permit process. To help make things easier, we’ve broken down the most critical building restoration administrative steps so you can cruise through the process from application to approval. Identify Your Zoning Your condo’s building zoning is crucial as it…
Read More 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 More 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 More Debunking Common Exterior Building Restoration Myths for New Condo Board Members
Congratulations on your new position as a condo board member! While you might be excited about your new role, it comes with a lot of responsibility, including assisting with condo renovation responsibilities like exterior building restoration projects. Here we help debunk common exterior building restoration myths to help you ace your first capital expense project…
Read More 4 Business Innovations for Condos
Every year technology introduces new ways to improve business operations. These improvements don’t always have to be industry specific to be effective. Here we look at four innovations used in other industries that offer potential benefits for your condo board. Check out these innovations for condos worth exploring. 1. Virtual Reality (VR) and 3D Imaging…
Read More Special Assessment vs. Condo Corporation Loans: Which is Really Best for Your Condo Board?
When your condo board requires immediate funds to cover an unexpected expense, you have two choices: 1) A special assessment or 2) A loan. Here we compare loans to special assessments to help you make the right decision for your condo community. Condo Corporation Loans Condo corporation loans are granted based on a “covenant” to…
Read More Is 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…
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