January 21, 2021 - Educational
Asphalt Pavements – A Measured ApproachGeneral maintenance and repair of asphalt pavements is typically less urgent and lower on the priority list compared to roof and building envelope repairs for condo owners.
January 14, 2021 - Updates for Members
Importance of Insuring to Full Replacement CostThe most important asset to any condominium corporation is the property itself.
January 7, 2021 - Educational
Top 10 Condo Building ProblemsWorkmanship, Quality Control & Water… Probably because I have inspected thousands of condo buildings and their units for construction defects and other issues, I am often asked by both prospective condo buyers and property managers to name the most common problems found in new condo developments.
December 17, 2020 - Educational
Financial Statements - What Are Our Options?The financial statements of your condominium corporation are an important tool. While most condominium corporations are required to have an audit completed, some smaller corporations can waive this requirement... are there other types of financial statements available?
December 9, 2020 - Industry News
New Licensee Designations for Condo ManagersCondo property managers must be licensed by the Condominium Management Regulatory Authority of Ontario in accordance with the Condominium Management Services Act, 2015 (the “CMSA”) in order to provide condo management services.
December 3, 2020 - Educational
Stay Home, Stay Safe and Mediation OnlineThe COVID-19 pandemic has given rise to the closure of many condominium amenities. Beyond condominium communities, a series of other venues have been closed for over half a year now, to limit unnecessary in-person gatherings and to keep people safe at home.
November 25, 2020 - Educational
Top Considerations for a Parking Garage RestorationOn a list of big-ticket items, few property expenses stand out more than a parking garage restoration. It is imperative for managers and owners to consider their options and ensure they have a solid game plan before and during any garage project.
November 19, 2020 - Updates for Members
Protecting Your Investment – Read your condominium’s financial statementsFor many, financial statements are full of numbers arranged in an unfamiliar format. This can result in the inability to understand what is being presented. The intent of this article is to clarify this information so you can understand the story behind those numbers.
November 11, 2020 - Updates for Members
Changes to the Condominium Act: A Guide to the New Condominium GuideEffective January 1, 2021, the Condominium Act, 1998 (the “Act”) will be amended to require condominium developers to provide potential purchasers of pre-construction and newly-built condominium units with a “Condominium Guide.”
November 4, 2020 - Educational