Search results for: common
How to Create an Awesome Condo Welcome Package
To help new residents settle into a new condo community, the board of directors can do something to help the residents. This will ensure they adjust smoother, get to know the rules and bylaws, and not to mention feel at home a lot quicker. A condo welcome package is the easiest way to help owners…
Read MoreHow Condo Committees Increase Your Board’s Productivity
When condo boards become overtaxed, it makes it difficult to remain productive. As a result, many important tasks can fall by the wayside. Budget management, social planning, and fee collection are areas where boards can fall behind. Luckily, condo boards have an excellent resource available in their fellow residents. Creating condo committees to assist with…
Read MoreHow to Ace Condo Communication with Social Media
When condo boards strike the right notes in their communication it can really help build a happier, more engaged community. While many condo boards stick to traditional newsletters as a means of condo communication with residents and unit owners, others are adding social media with mixed results. Social media is an excellent tool to keep…
Read MoreHow to Cope with Mental Health in Condos
One in five Canadians over the age of 18 will face mental health issues or mental illness in their lives. These numbers include 2.5 million Canadians who will experience a depressive disorder. With numbers so high, property management companies in Toronto and condo boards should be prepared to cope with mental health disorders within their…
Read MoreEnergy Waste in Condos: How to Fix the Top Inefficiencies
When Ontario introduced its Energy & Water Reporting and Benchmarking (EWRB) regulation it was a wakeup call to many property management companies and condo boards given that energy waste in condos is such a critical issue. Essentially, it enabled condos to better track energy waste and use and get better at identifying efficiencies. Multi-unit residential…
Read MoreHow Boards and Property Management Companies in Toronto Can Build Better, Happier Condo Communities
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…
Read MoreWhat Condo Boards Need to Know About Stage 3 Reopening Now
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…
Read MoreHow to Overcome 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…
Read MoreWhat Condo Boards Should Know About 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…
Read MoreWhat You Need to Know About A 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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