Category: Condo Board

Alberta Condo Market Update: Summer 2020

Alberta Condo Market Update: Summer 2020

It would be an understatement to say that 2020 has been an unusual year, and the current real estate forecast is a reflection of the unprecedented circumstances we’ve all been experiencing. The onset of the COVID-19 pandemic resulted in an economic domino effect, increasing unemployment rates while decreasing household incomes, residential construction activity, and property […]

The Importance of Consistent Communication Between Condo Boards and Management Companies

The Importance of Consistent Communication Between Condo Boards and Management Companies

Per Merriam-Webster, the definition of communication is: a process by which information is exchanged between individuals through a common system of symbols, signs, or behaviours. It also states that communication is: information communicated; information transmitted or conveyed. When it comes to the condo business, communication is paramount. And as stated in the definitions above, it’s […]

The Ins and Outs of Contract Success for Condo Boards and Management Companies

The Ins and Outs of Contract Success for Condo Boards and Management Companies

Condo boards and management companies often seek out contractors to help them maintain and service their complexes. Some of the most common services condo associations hire require on a contract basis include: Residential cleaning Parking enforcement Waste collection HVAC system maintenance Carpet cleaning On-site security Building repairs and maintenance Depending on the circumstances, either the […]

5 Things to Remember Before Renovating Your Condo

5 Things to Remember Before Renovating Your Condo

The longer homeowners live in property the more they notice projects they’d like to take on and updates they’d like to make. It may be something simple (like adding a new backsplash in the kitchen) or it might be a larger undertaking (like replacing floors or installing a new, modern bathtub). Whatever the project, revamping […]

COVID-19 Financial Resources for Condo Owners

COVID-19 Financial Resources for Condo Owners

The sudden and unexpected emergence of COVID-19 in Canada has left thousands of condo owners across the country wondering if their financial stability, and therefore their homes, will be lost. Social media groups, online discussion forums, and comment sections have been abuzz with questions like: Do I still have to pay condo fees during the […]

Is Your Board Onboard with the Alberta Condo Property Act?

Is Your Board Onboard with the Alberta Condo Property Act?

It’s here. It’s here. It’s FINALLY HERE. The Alberta Condominium Property Act has, after more than five long years, finally been passed into legislation, coming into effect on January 1, 2020. What a journey it took to get here! For those who haven’t been following along (and for those who have, but whose memories simply […]

A Year in the Life of a Proactive Condo Board Management

A Year in the Life of a Proactive Condo Board Management

Happy 2020 to condo owners, board members, and managers everywhere! New year, new you…new AGM? Chances are, you’re annual general meeting is scheduled in the near future. Are you 100% sure that you’re addressing and actioning the right opportunities to set your condo community, condo management, and condo corporation up for

5 Stellar Habits of Super Effective Condo Board Meetings

5 Stellar Habits of Super Effective Condo Board Meetings

If you’ve ever sat on a condo board, chances are, you’ve shared the same, pie-in-the-sky dream. You know the one: you walk into that board meeting, and everybody’s immediately on the same page. The business of the day gets taken care of line-by-line, point-by-point, with the sort of efficiency that would bring even the most

Raising the Bar with Resources for Your Condo Board

Raising the Bar with Resources for Your Condo Board

Your condo board runs a pretty tight ship. Meetings are efficient, AGMs are informative, and day-to-day operations are smooth and trouble-free. You do a good job keeping things on the up-and-up. The community is happy, dialogue between board members and condo owners is free-flowing, and overall, things are pretty danged good.

Pushing “Pause” on Alberta’s CPA Amendments

Pushing “Pause” on Alberta’s CPA Amendments

It’s been just over a month since the long-awaited amendments to the Alberta Condominium Property Act (CPA) came into effect on July 1, so we thought this would be the perfect opportunity to take a bit of a look back on the changes that took place, how they’re being received, and if –

The Pros and Cons of Self-managing Your Condo

The Pros and Cons of Self-managing Your Condo

Are you somebody who really enjoys micro-managing things? Do you like biting off more than you can chew? Looking for a full-time job that pays absolutely nothing? Then have we got the gig for you: condo community self-management! Okay, okay. We’re having a bit of fun up there with our intro, but in reality, condominium

Clearing Confusion Concerning Condo Corporation Insurance Coverage

Clearing Confusion Concerning Condo Corporation Insurance Coverage

Generally speaking, when we imagine situations that might require taking out an insurance policy, the particulars are usually quite thrilling: travelling to far-off lands, for example, or taking part in any number of death-defying activities like skiing or white-water rafting. Even driving a car fits the bill, given the speeds and risks involved

Reserve Fund Studies and Your Condo Building

Reserve Fund Studies and Your Condo Building

February’s a funny month. It often finds condo board members torn between two conflicting desires. On the one hand, most folks are desperately looking forward to the end of winter and the return of warmer, sunnier weather. On the other, the imminent arrival of spring means that you’ll finally have to tackle those repairs highlighted

A Long Time Coming: Alberta CPA Changes are Here

A Long Time Coming: Alberta CPA Changes are Here

If you’ve been following this blog for any amount of time, you’ll know that we’ve been talking about amendments to the Alberta Condominium Property Act (or CPA) for a long, long while now. It might be hard to believe, but for as long as we’ve been chatting about these changes, the government’s been discussing them

How to Build an Effective and Rewarding Condo Board

How to Build an Effective and Rewarding Condo Board

Getting people excited about sitting on their building’s condo Board of Directors can be a bit of a tough sell – and honestly, we can’t say that we blame anyone for being reluctant to make the commitment. Condo boards have earned themselves a bit of a bad rap. Oftentimes, all that residents hear about are

Green Bins and Your Condo Building

Green Bins and Your Condo Building

Green bins are finally coming to Calgary, bringing a much needed “greenness” to our city. But what does this mean for your condo building? How will your condo manage the aspects of implementing this new program and, once implemented,

Did You Drink the Wrong Kool-Aid?

Did You Drink the Wrong Kool-Aid?

What your condo management contract is actually saying In reading your Condominium Management Services Contract, do you feel like it’s not talking to you? “There’s so much jargon,” “it’s full of redundancies, but isn’t saying anything clearly,

Board Bully Tearing Your Condo Apart?

Board Bully Tearing Your Condo Apart?

We’ve all been around them – the one person who needs to be heard, who always has an opinion and likes to make sure everyone knows it. But, what if this person is doing more damage than good to the overall effectiveness of your condo board?

Thinking of Joining Your Condo Board?

Thinking of Joining Your Condo Board?

Making real impact from within for your condo building This is it! This is the year you’re joining your Condo Board to become more involved with your condo community. Before you sign up, make sure you understand the realities of what being an effective

How To Prevent Special Assessments?

How To Prevent Special Assessments?

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.