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Effective 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.…
Read MoreWhat do I need to know about Coronavirus today?
With the initial news that the deadly coronavirus was spreading in China, many Toronto residents couldn’t help but recall the SARS epidemic of 2003. However, after 438 probable and suspect SARS cases and 44 deaths in Canada from SARS, we have learned a lot about the spread of such viruses and are better equipped to…
Read MoreConflict Resolution Strategies for a Condo Board
Conflict between a Condo Board of Directors and residents is more common than you’d think. With so many players, it is inevitable that disagreements will arise on decisions made, issues with the condition of the building and even conflicts amongst neighbours. Trying to avoid conflict in the first place might be a good start, but…
Read MoreReserve Fund Study for condos
Everything you need to know about reserve fund study. Whether you sit on a condo board of directors or own a condo, understanding the ins and outs of condo management can be a big benefit. One of the most important aspects of condo management is the reserve fund study. According to the Condominium Act, 1998…
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