A property manager walks through how condo boards can combat rising utility bills by starting an energy-saving campaign.
The condo budget may not be sexy, but it's very important as the corporation's financial plan. A senior property manager offers tips for setting priorities.
Reserve fund studies can be a sensitive topic for property managers, unit owners or board members. An expert shares common problems and possible solutions.
Maintenance fees are currently a hot topic. Some suggest lower fees improve affordability and resale value; others warn of potential long-term consequences.
Ontario's greater reliance on natural gas heating will likely make cap-and-trade charges more noticeable than they have been thus far in Quebec.
Each year, every condominium corporation requires a budget to be prepared, approved and circulated to unit owners. This is both for information and transparency purposes,
Federal scrutiny of tax exemptions could make profit risky for condominium corporations, industry and professional associations.
To keep building occupants and staff safe, here are four tips to prevent carbon monoxide poisoning that property managers need to know.
A non-profit condo corporation could lose its status if it generates income from activities that are not incidental to its overall non-profit activities.
Condo boards must plan ahead and undertake studies to ensure than reserve funds are adequate for future major capital repairs and replacements.
A majority of U.S. condos are being denied FHA-approval due to what the industry has deemed unnecessarily strict requirements.
Five tips for newly-elected directors trying to put a struggling condominium back on track.
When the directors of a condominium corporation determine that it’s in their best interest to borrow money, the loan transaction is somewhat unique.
There are many reasons why contribution levels must increase, including unexpected issues, rising costs ...
Quebec’s voluntary retirement savings plans (VRSPs) to capture workers not formally enrolled in company pension or group retirement savings plans.
A computerized maintenance management system (CMMS) assists property managers in the daily coordination of repair efforts. With the emergence of cloud-based “software as a service,” an online CMMS has emerged, allowing residents ...
A good way to assess the health of a reserve fund is to use an annual funded ratio (AFR) – the three-year moving average from the reserve fund starting ...