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3 Ontario Condo Corporation Insurance Facts You Need to Know
Jul 17, 2018As a member of your condo corporation's board, you have a fiduciary duty to your community. In part, that means getting insurance protection for the corporation at the best price possible. However, condominium corporation insurance can be very confusing. -
how to communicate your condo's budget effectively
4 Ways Your Board Can More Effectively Communicate Your Condo’s Budget
Jul 03, 2018Creating your condominium corporation’s annual budget is one of the most important responsibilities your board has. It takes a lot of hard work and may require spending decisions that won’t be popular with unit owners. Consequently, owners may voice strong objections or even question the board’s ability to manage the corporation’s money.
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Condo Act Changes Remove Roadblocks to Electric Vehicle Charging Stations
Jun 25, 2018For the more than 1 million Ontario residents who live in condominiums, driving an electric vehicle (EV) has become a more viable option. Recent changes to the Condominium Act, 1998, address one of the primary barriers condo owners have faced: limited availability of EV charging stations (EVCS) at their condominiums. The revisions, which went into effect May 1, 2018, establish processes for getting EVCS installed in condominium buildings. -
Condo Act Changes Remove Roadblocks to Electric Vehicle Charging Stations
Jun 20, 2018For the more than 1 million Ontario residents who live in condominiums, driving an electric vehicle (EV) has become a more viable option. Recent changes to the Condominium Act, 1998, address one of the primary barriers condo owners have faced: limited availability of EV charging stations (EVCS) at their condominiums. The revisions, which went into effect May 1, 2018, establish processes for getting EVCS installed in condominium buildings.
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Tips for Planning a Successful Community Event
Jun 14, 2018Community events are a great way for Condominium Corporations to bring residents together, create a sense of community pride and encourage a social and cohesive community environment! What better way to build relationships and enhance residents’ quality of life than to bring homeowners together to meet their neighbors and feel more connected and engaged with their local community. -
The Six Secrets to Building Your Condo’s Volunteer Pool
Feb 15, 2018As a board member for your condominium corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging. -
Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof
Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof
Nov 16, 2017We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes.
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True Financial Stability
True Financial Stability
Sep 26, 2017A strong, healthy corporation requires every facet of property management to work in sync toward one common goal...true financial stability. -
Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
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Understanding Condominium Corporation Reserve Funds and Reserve Studies
Understanding Condo Reserve Funds and Reserve Studies
Sep 12, 2017One of the most important responsibilities of your condominium corporation's board of directors faces is effectively planning for major common-area repairs and replacements. Whether a costly expenditure is needed in a few years or not for 20, it’s the board’s fiduciary duty to make sure your condominium corporation has adequate funds when the time comes. That’s where reserve funds come into play.