Search results for: common
Status certificate red flags and how to avoid them
Your condo status certificate is reviewed by the lawyers of potential buyers. A healthy certificate encourages people to sign on the dotted line. Therefore your condo board should know how to avoid the following status certificate red flags. High or Rising Common Expenses High or rising common expenses can discourage buyers on tight budgets. While…
Read MoreElevate Your Condo Concierge Service & Improve Resident Relations
A condo concierge service provider has a difficult job. While most serve as a monitor for the comings and goings of the building, the lines of their role are easily blurred. As a result, some concierges see themselves as authority figures, yet others feel more like receptionists. This can put a strain on concierge and…
Read MoreTop Five Condo Lawsuits and How to Avoid Them
Condo owner disputes happen. And it can happen in any condo. Though when not properly handled, they can lead to costly, time-consuming condo lawsuits. However, if you are familiar with the top five lawsuits condo boards and Toronto and the GTA property management companies face, you can take steps to avoid them. 1. Failure to…
Read MoreHow Condo Boards Can Successfully Introduce New Pet Bylaws
As pet owners, we love our pets. As a result, introducing new pet bylaws to pet owners can be tricky for condo boards. However, with a clear understanding of Section 58 of the Condominium Act, you can successfully pass new pet bylaws with little opposition. The Condo Act and Pet Bylaws Your biggest challenge for…
Read MoreImportant Facts Every Condo Board Should Know About the Online Dispute Resolution System CAT
The moment your condo board encounters an owner dispute – you want a resolution pronto. Conflict and disagreements can lead to legal battles and more time and money spent. The Condo Authority of Ontario (CAO) provides support to condo owners and board members to help create happier, healthier condo communities. Not surprisingly, one of their…
Read MoreCondo Winter Maintenance: The HOW-TO Guide
Nothing makes condo owners happier than seeing their hard-earned dollars at work. When you ensure your condo winter maintenance is well-managed, residents feel their property is being cared for and their common element fees are being used wisely. Here’s how to keep residents smiling even when the bitter cold of winter is upon us. Secure…
Read MoreToronto Condo Elevator Crisis And How To Manage It
Condo corporations are under the gun as complaints of broken elevators rise. However, a shortage of trained elevator technicians in Toronto continues to compound the issue. Even simple repairs can put a condo elevator out of commission for days. As a result, condo boards feel the wrath of condo residents tired of the inconvenience. If…
Read More5 Critical Property Management Trends You Need To Know in 2021
The way COVID-19 affected Toronto property managers showed us all how important responsive management is in the industry. Because we all tend to focus on day-to-day operations, this was a quick lesson that we still need a more proactive, strategic approach to property management. With this in mind, here are five critical property management trends…
Read MoreCondo Holiday Decoration Rules for the Residents
And just like that, Halloween decor is out. Winter holiday decoration is in. But interestingly, many condo residents don’t know their board of directors has the right to limit holiday decoration. Because of this, condo boards should help residents understand what they can and can’t do. Without putting a damper on celebrations, clear communication helps…
Read MoreHow to Manage Condo Owner-Requisitioned Meetings
Owner-requisitioned meetings are called by the owners of the condo corporation. They can catch your board unawares, as they often involve “touchy” topics. If your board receives a meeting requisition, it’s important to respond on time. Here’s how to effectively manage owner-requisitioned meetings. Why are Owner-requisitioned Meetings Called? The most common reasons owners call a…
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