One of the most useful tools a condominium has to plan for the future is the humble reserve fund study. If you’re sitting at your computer, scratching your
The choice of the right property management company will have a significant impact on how successfully your community property is managed. Timely payment collections, following maintenance schedule, communicating effectively with residents,
Managing your condo community can be a time-consuming and complex task. Usually, it is the board members who take up all the responsibilities related to the day to day management of the community property. There is a world of a difference
When it comes to creating new policies for your condo association, it is important to keep all points in mind to eliminate any disputes or complex situations. Make sure that everyone including the members and residents fully understand the responsibi
Managing a condo association board can be a time-consuming task in itself. If you have a medium sized community, condo management can be a full-time job for board members. There are so many ways a condo management company can ease your job
When it comes to repairs and maintenance, condominium residents face lots of uncertainty. If repairs are required in the common areas and apartments, who should be responsible for them. This is frequently occurring issue that can be seen in
Condo boards hold complete responsibilities for managing their community. The board is responsible for managing all fiduciary and financial aspects of all the projects. You can outsource several aspects of your functions to a condo management company
Raising the annual assessments is simply the most detested steps you can take. It can be even more concerning at a time when the economy is not doing so well. The key to prevent the board from taking this action is to follow other methods to increase
Property maintenance is one of the key services provided by a condo management company. Not every company will be able to meet the highest standards in the industry to address all your maintenance needs while meeting high-quality standards.
Managing a condominium or HOA with a board can be a fulltime job. Even a small condo requires dedicating a lot of time and effort to ensure that keeps running smoothly. If you hire a condo management company, it can make a huge difference in saving y
Condo maintenance is part of the daily operations of condo management. Snow removal is one of the most important tasks and the level of complexity and work involved will depend on many factors. So what sh
The management needs for a high-rise condo building will be different from those for a small townhouse community. The scope and scale of services provided can vary significantly based on the different needs of the communities. So what should you look
Many Canadians think that special assessments are mandatory. However, that is not the truth. If you have a well-managed condo community, you can rely on your reserve funds as and when it is required. There are ways to prevent special assessments.
Post tension cables are used in concrete construction to add strength to thin and long slabs. This allows more span lengths between support columns. The cables have steel wires within plastic sheath. They are tensioned after pouring concrete,
The millennials are expected to make one of the biggest impacts on Canadian real estate market in the near future. The impact could n fact be bigger than what their baby boomer parents made. They make up about 25% of the country’s population and
As rental condos grow in Calgary, finding the right condo management services in Calgary has become a difficult process. Most services perform similar and industry standard processes and functions, making it difficult to differentiate between them.