August 12, 2020 - Updates for Members
Managing Common Elements/Amenities in Stage 3 of Re-OpeningStage 3 – What does that mean for condominiums?
August 5, 2020 - Educational
Your Financial Statements – The First Thing You Should ReadAre your financial statements credible? Read your auditor’s report to discover your auditor’s opinion.
July 30, 2020 - Updates for Members
Electricity Providers’ Requirement for a Security DepositWhen a condominium is presented with the requirement from an electricity distributor (ex. local municipal hydro corporation) to pay a security deposit, the Conditions of Service of the electricity distributor should be reviewed to ensure the request complies with the Ontario Energy Board Distribution System Code.
July 22, 2020 - Educational
TARION – Reinstatement of TimelinesTarion announced the reinstatement of timelines on July 6, 2020. Tarion processes and timelines were suspended on March 16, 2020 under Ontario’s Emergency Order. We understood that all performance audit deadlines and builder repair periods were “on-hold” until the emergency order was lifted. We have been “on-hold” for 16 weeks
July 15, 2020 - Condo Life is Grand
Tips for Replacing Your Condominium’s Asphalt Shingle RoofsTips for Replacing Your Condominium’s Asphalt Shingle Roofs
July 8, 2020 - Updates for Members
Are You Paying For Your Neighbour’s Utilities?Does your Condo Corporation have a Utility Management System in place to ensure that you are paying only for your own consumption of water, electricity, heating and cooling? A fair monitoring and billing platform can be achieved through the sub-metering of utilities.
June 30, 2020 - Educational
Selling/Buying A Condo During COVID19 – What to expect!Real Estate is deemed an “Essential Service” however like all other industries, there are some significant changes to the processes of working from A-Z through a successful real estate transaction closing.
June 25, 2020 - Educational
Elevator Ups & DownsThere are certain factors that should be considered when preparing for planned and unplanned elevator down-time. On-site time for elevator installation crews ranges from about two weeks for an accessibility lift, to four weeks for a hydraulic elevator, and six weeks for a traction elevator.
June 17, 2020 - Condo Life is Grand
Security: Keeping Up With The TimesMost people would agree that for the majority of us, advances in technology have significantly improved our daily lives. The use of the internet in particular has allowed us to get tasks done faster and more efficiently without having to leave the comfort of our homes.
June 11, 2020 - Educational