5 Elements of Design Every Condo Board Needs to Add To Their Common Area Makeover
When planning a common area makeover in your condo, condo boards should focus not on interior design details, but instead on creating livable spaces residents appreciate. Here we share five elements of design every board should include in their makeover plans to increase value and useable space. 1. Livable Spaces Livable spaces are designed with…
Read More The 3 Most Valuable Contributors To Successful Water Conservation In Your Condo
Creating a water conservation plan can help reduce costs. However, it takes a village to contribute to effective water conservation. Here we look at the three most valuable contributors to water conservation to help you develop an effective plan. 1. Your Condo Board As the saying goes, the buck stops here when it comes to…
Read More Poor Etiquette in Condo Boards: How this could be your Downfall
Today’s diverse communities require hypersensitivity for proper etiquette. In fact, a lack of etiquette or poor etiquette in condo boards could mean the downfall of your board. Here we discuss the role of etiquette in condo governance and how proper communication helps avoid poor etiquette. Proper Board Etiquette Focuses on Governance & Diplomacy Many people…
Read More Weather-Related Catastrophes: How Condo Boards can Minimize Risk
Weather-related catastrophes have property managers in Ontario on edge. Climate change continues to increase the risk of flooding, wind damage, and more. As a result, your condo board needs to create a strategy to help minimize potential damages and injuries. Here we explain how your condo board can minimize risk before weather-related catastrophe strikes. Catastrophe…
Read More How Condo Boards Can Help Staff Work Smarter and Leaner in 2022
The pandemic forced condo management teams into hybrid or remote work environments. As a result many struggle with makeshift workplaces where staff roles and responsibilities are either unclear or evolving. Condo boards should go into 2022 equipped with the right tools that support staff and meet resident need. Here’s how your condo board can create…
Read More Condo Trends: The 5 Hottest Trends for Condo Boards
Condo boards can look to changing condo trends to help maintain efficient, cost-effective industry best practices. Here we look at the five most compelling trends your condo board can embrace right now. 1. Integrated Technology Facilitating improved responsiveness and effective processes for both staff and residents requires integrated technology. Many condos are functioning with a…
Read More The Tough Lessons Condo Boards Learned in 2021
We all learned some tough lessons in 2021, many driven by the pandemic. The end of each year presents an opportunity for you to use those lessons and take them to heart. By reviewing what you’ve learned you can improve your efficiencies and profitability for 2022. Here we look at the toughest lessons learned from…
Read More The 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 More 5 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 More What 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…
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