Risk Management
What to do after falling victim to mortgage fraud
If you are the victim of mortgage fraud involving a mortgage lender and a third-party fraudster, chasing after the fraudster should be secondary to taking immediate steps to try and preserve your rights and prevent your condo from being sold.
Actuaries garner new insight into condo finances
The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
On trust and transparency in condos
As the cornerstone of condominium living, trust is, oddly, seldom spoken about amongst owners and residents.
Tornado research uncovers risks for homeowners
Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
Updating your condo’s emergency response plan
As spring temperatures arrive and snow and ice finally recede, condominium managers often face property maintenance issues that arise or were neglected during the winter
Trash talk:
As single-use plastics become a thing of the past for Canadians, condo owners and property managers need to adapt the way they handle garbage in their
Rental demand spotlights tenant relationships
As condos supply the surging demand for rental housing many corporations may be experiencing a rise in tenant-occupied units.
New oversight regime set for Ontario elevators
A new oversight regime for Ontario’s elevators and escalators will come into force on March 1, bringing shorter timelines for rectifying an extensive list of designated high-risk deficiencies.
When owners open a home-based business
From ensuite take-out resto to teaching downward facing dog in the common areas, here’s the lowdown on this trendier work-from-home shift, with some legal and insurance tips.
How technology can revolutionize the governance of shared-ownership properties
What if there was an easy way to improve participation in governance to achieve a higher standard, particularly on questions of significant importance?
Rethinking staffing models amid a labour shortage
How new staffing solutions could improve a property manager’s working conditions and ease the labour shortage.
Maintaining healthy contractor relationships
Construction and project planning, now more so than ever, must assign realistic expectations of scheduling and staging to meet contractor and material availability.
Have you implemented your harassment rules and policies?
Unfortunately, over the last couple of years, we have seen an increasing trend of unacceptable behaviour within condo communities, directed at property managers, directors, other owners/residents and even contractors.
Existing condos: rising to modern standards
New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
Effective decision-making equals good governance
The essential key to board good governance is effective decision-making, both in and out of the board meeting.
Freeing-up time for capital projects
Achieving a more symbiotic approach to property management requires understanding the crucial tie between leading-edge occupant services and proactive maintenance.
Governing condos in Alberta
Condos are ideally designed to operate with relative simplicity and in a well-managed complex there is a measure of security and community.