Search Results for: condo management
Fast Facts for Condo Owners & Management
The Ontario Ministry of Government and Consumer Services has released the following two “Fast Facts” documents that contain an overview of the new condo law changes that are taking effect on Nov 1. The first is for Condo Owners and Residents, while the second is aimed at Condo Management. For more information, including many helpful […]
Understanding the Fiduciary Duties of a Condominium Board
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 […]
3 Places To Find Your Condominium Corporation Governing Documents
Every condominium corporation is governed by a set of documents that define the authority of the corporation and detail what board members and residents can and cannot do. Usually drafted by lawyers and hundreds of pages long, condominium governing documents are complex and may be challenging to decode. However, understanding the information within the governing […]
Condominium Corporation Committee Spotlight: Welcome Committee
Committees play a key role in the success of all condominium corporations. Comprised of volunteers, condominium corporation committees support the work of the board of directors so they can focus their efforts on fulfilling operational duties and achieving goals. For most homeowners, the first committee they encounter is the welcome committee. Just as its name suggests, this […]
A Handbook For New Condominium Residents
At Wilson Blanchard Management Inc., An Associa® Company, we have decades of experience helping new residents understand the ins and outs of a condominium corporation lifestyle. While every condominium is unique and may work differently, our vast experience with condominiums of all shapes and sizes allows us to form the best and most comprehensive guide […]
Condominium Spring Maintenance Toolkit
Spring is the ideal time to prepare your condominium corporation for the upcoming warmer days. As harsh winter conditions take a toll on community structures and residents look forward to spending more time outdoors, getting ahead of necessary maintenance and repairs is a priority. As the industry leader in condominium management solutions for more than […]
The Top 7 Misconceptions About The Condominium Manager
Managing a condominium corporation is a significant commitment that takes ample time, knowledge, and energy. A well-run community doesn’t come easy, and the responsibility can be a lot for a condominium corporation board of directors to handle. While many boards hire professional condominium managers to help shoulder some of the daily operational duties, there are several misconceptions […]
The Top 8 Ways To Prevent A Condominium Corporation Common Element Fee Increase
As anyone who lives in a condominium corporation knows, common element fees are part of living in a managed community. Used to fund the condominium’s operations and maintain the community, common element fees are fees all condominium members are legally required to pay. Common element fees are set by board of directors who, as homeowners, […]
How To Find A Reserve Expert For Your Condo
In a condominium corporation, reserve fund studies are necessary to properly maintain the property and fund its reserve account. It’s the job of a reserve fund study professional, also known as a reserve planner or reserve analyst, to conduct a reserve fund study. Follow this guide to help your community find the perfect reserve fund […]