Blog Posts with the #BoardofDirectors tag
June 17, 2021 - Educational
10-Year-Old Condominiums in the City of Cambridge May Need to Prepare for a 300% Water Cost IncreaseCondominiums in the City of Cambridge that are older than 10 years should assess their exposure to a 300% water cost increase that may occur when their property line water meters are replaced.
June 10, 2021 - Educational
Annual General MeetingsBefore the pandemic, Annual General Meetings were typically held in-person. With restrictions on gatherings, the industry was required to find a new way to have AGM meetings… the solution was virtual!
March 25, 2021 - Educational
6 Must-Read Conflict Resolution BooksNo matter how much I anticipate or prepare for conflict, I find it difficult to maintain a calm composure. I perform worse than normal simply because I am feeding off my clients’ emotions and don’t want to disappoint them.
March 4, 2021 - Educational
Crime & Fidelity Insurance: Is Your Money Safe?Overwhelming evidence shows that when it comes to fraudulent financial activity, the perpetrators are more often than not board members and rogue property managers either acting alone or in collusion.
January 28, 2021 - Educational
Why Do You Still Use Cheques?Why are you still using cheques? It cannot be because they are expensive, or a hassle to get two board members to sign. It cannot be because your vendors enjoy chasing you down and maybe even intercepting you before it hits the postal box.
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 3, 2020 - Educational