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How to Register Liens for Unpaid Condo CEFs
Understand why registering liens is critical to the health of your condo corporation The Common Expenses Fee (CEFs) collected from condominium owners manage the costs of maintaining your condominium’s common elements. When owners fail to pay their CEFs, it can make a huge impact on the effective management of the property. Therefore, even during crisis…
Read MorePotential Solutions for Condos Deferring CEFs
As a condo owner who’s been affected by the COVID-19 crisis, you might be looking to reduce your monthly expenses. In fact, with the shutdown of condominium amenities, many owners might feel they have a right when it comes to deferring Common Expense Fees (CEFs). Unfortunately, there aren’t any existing statutory provisions to guide condo…
Read MoreHow to maintain essential services in a condo during COVID-19
The Ontario Government has issued an order for the closure of all non-essential workplaces during the COVID-19 crisis. Property management companies, boards of directors, and condo corporations that continue to operate and provide the essential services during these times need to clearly understand the specifics of the order. It’s important to ensure that you are…
Read MoreCOVID-19: How to introduce an electronic means bylaw for condos
The current situation and the social distancing rules makes it difficult for condominium boards and corporations to remain effective. Many condos have introduced telecommunication practices. However, this can present challenges when it comes to Annual General Meetings (AGMs), reaching quorum and voting situations. As a result, many condos are introducing an electronic means bylaw to…
Read MoreCOVID-19: Why condo corporations must continue to collect CEFs
As the coronavirus crisis continues, your condo corporation could come toe to toe with owners who feel that their common expense fees (CEFs) should be lowered or deferred. In fact, since their amenities have been cut off, owners might feel they no longer have to pay their CEFs at all. Unfortunately, this is not an…
Read MoreEffective condo management during COVID-19 period
As Ontario remains in almost full shutdown mode, condo management services have been deemed an essential service by the provincial government. While this is good news for your tenants, it can pose some challenges for your team. Your role has not changed, yet it might be more difficult for you to perform some of your…
Read MoreThree COVID-19 facts all Property Managers need to know
As the City of Toronto extends its self-isolation initiatives, people living and working in condo communities are facing their own set of challenges. Property managers are required to ensure the safety of their tenants. But at the same time, they are also under the same self-isolation. And to complicate things even further, the essential versus…
Read MoreCOVID-19 UPDATE: What Condo Managers and Boards Should Know About Coronavirus
Although the coronavirus seems to be spreading at a slower pace in Canada, it is important to remember it is still early days here. Therefore, condo managers and boards should have some policies in place to help reduce the spread. Condo residents might feel they are at higher risk due to living in closer quarters,…
Read MoreNew Airbnb Rules for Toronto Condos
When the infamous video of a young woman throwing a chair off an Airbnb balcony emerged last year, many Torontonians were up in arms over the dangers these short-term tenants present to the city. More recently, a triple murder and shooting sent shockwaves through the Lakeshore and Bathurst area condo community. While crime and partying…
Read MoreWhat You Need to Know About Condo Board Elections
Condo board elections take a lot of thought and consideration to ensure the board of directors is productive and effective. Finding great candidates for the role of a board member can be challenging. A board member must have a balance of honesty, experience and a sense of selflessness. This ensures the board is managed fairly.…
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