Blog Posts with the #BoardofDirectors tag
October 21, 2020 - Condo Life is Grand
Five Questions You Should Be Asking Your Winter Service Provider
When evaluating your winter service needs and starting the process of looking for a qualified service provider, it is increasingly important to be thorough in your search. Asking the right questions can help you to differentiate between a mediocre and an exceptional winter service provider.
October 5, 2020 - Updates for Members
Communicating in the Digital Age: Condo Edition
Effective communication is vital for the success of any organization, including condominiums. The Digital Age has changed the way people communicate. Even those reluctant to change have been forced to do so to some extent by the pandemic. Condominiums must adapt to the changing times.
September 29, 2020 - Educational
Do it, or defer it?
How to decide on proceeding with reserve fund projects in a pandemic.
September 16, 2020 - Condo Life is Grand
Autumn, the Season for Preventive Maintenance
From snow storms to freezing rain and cold temperatures, the winter season can create a number of problems for your building. Being prepared can help you get through the season with as little damage to your property and equipment and reduce the possibility of huge insurance claims and unanticipated expenses.
September 9, 2020 - Educational
Condominiums and Taxes
Can income from interest and rentals jeopardize your condominium’s non-taxable status? This article will help you to understand which income sources may attract income tax as well as how to determine if your corporation should register for Harmonized Sales Tax.
September 2, 2020 - Educational
Crawling Back Quickly – Justice, Condo Disputes and the Pandemic
The pandemic brought major disruption to the justice system but also profound change. Here’s a quick summary and a peek at what it means for condo corporations, boards, managers and owners.
August 25, 2020 - Updates for Members
The Ignored Asset – Your Roof
One of the largest capital expenses in the Reserve Fund Study for condominium corporations is the inevitable replacement of the roof system. Shingle roofs (sloped) or flat roofs (low-slope) eventually require replacement, and the timeline for this process varies greatly between properties.
August 12, 2020 - Updates for Members
Managing Common Elements/Amenities in Stage 3 of Re-Opening
Stage 3 – What does that mean for condominiums?
August 5, 2020 - Educational
Your Financial Statements – The First Thing You Should Read
Are 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 Deposit
When 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.Thank You to Our
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