Coronavirus update

COVID-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,…
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Airbnb rules

New 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…
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condo board elections

What 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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What 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…
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Condo board conflict resolution

Conflict 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…
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Reserve 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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Self-managed condos vs. hiring property management

Should you hire a property management company or can you manage your condo as a corporation? Looking for ways to cut corners in condo management can help your condo corporation remain ahead of the game financially. However, being wise in where you choose to slash costs is very important if you don’t want to increase…
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How to choose a property management company for a condo?

What to look for when hiring a property management company in Toronto? In Ontario, condominiums must have a board of directors who have the responsibility to manage the condo corporation and represent the owners. They are responsible for making major decisions regarding the maintenance of buildings, grounds, and corporation’s finances and must actively support and…
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What does Board of Directors in a condo do?

The role and responsibilities of the Board in a condo corporation in the GTA  If you are considering joining a Board of Directors for a condo corporation in Toronto, there are many nuances to consider before making a commitment. First, understand the role of the board, what its’ members typically do, and their obligations.All condos…
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