To maximize the effectiveness of a condominium community, boards must make goal-setting an annual task. With the board’s responsibility to maintain and, ideally, improve the community, creating goals can provide a roadmap to ensure that happens. Goals help keep you on track, accountable, financially sound, and much more. The following are some expert tips for […]
The board of directors is an important—and required—aspect of any condominium corporation. Comprised of elected volunteers who live in the community, the condominium board is responsible for overseeing the community’s operations and setting it up for long-term success. A critical role, board members have a duty to act in the community’s best interest when making decisions […]
Committees are a crucial part of any successful condominium corporation. Comprised of volunteers, condominium corporation committees help support the board of directors so they can focus their efforts on accomplishing operational duties and achieving goals. One important condominium corporation committee is the social committee. Tasked with coordinating social events, these committee members promote harmony and work to ensure […]
Committees are essential to the success of a condominium corporation. Well-established committees support the efforts of the board of directors, reducing individual workloads and helping the corporation stay on top of its goals. Board of Directors are made up of volunteer homeowners who focus on specific community aspects, like budgeting. For many communities, the budget committee […]
A critical part of any condominium corporation, the board of directors ensures community guidelines are followed, the neighbourhood is maintained, and improvements are funded and supported. In short, the board is there to better the community on behalf of its residents. These boards are typically composed of four distinct officer positions: president, vice president, secretary, […]
Hiring a condominium manager to assist with the day-to-day operations of your corporation can strengthen your community and simplify your responsibilities as a board member. A good condo manager will advise on key aspects and serve as your representative with other service providers. Fostering a strong relationship with your manager benefits everyone, providing both your board […]
As the end of the year approaches, some obvious to-dos come to mind, like holiday planning. But every condominium community has many moving parts, and it’s easy to lose sight of the smaller tasks that should be addressed annually. It’s essential for community leaders to make sure all details are accounted for and correct to […]
(Original article posted on the WB Digital Newsletter Stream) By Debra Warren, PCAM®, CCAM®, CMCA® As an elected leader of your community, you’re responsible for establishing the direction of the community and allocating resources. To ensure both dollars and human resources get used wisely, you should adopt the practice of setting time aside to develop […]
