Condo managers who understand a condo’s life stages, hidden damages, and inspections are more likely to develop effective reserve fund plans with logical budget allotments.

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.

Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.

As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.

Timely maintenance and improvements will play an important role in securing favourable coverage terms and avoiding delays in the renewal process.

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.

Even though the Condominium Authority of Ontario’s online mandatory training program provides a solid foundation, directors can never stop learning and continue to gain experience over their terms.

Conflicts and disputes within Ontario’s condo communities are fueling a conversation around safety reform and adding pressure to make residential buildings better places to live and work.

Condo corporations can thank the pandemic for the modernization of how meetings, voting and service of documents occur for communities in Ontario.

Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.

This minimum wage increase is larger than most in recent history, second only to that imposed on January 1, 2018.

While 2020 boasted the lowest property crime rate in more than 50 years, crime rates have not continued to sink since then.

The recent regulation to postpone Ontario's property reassessment for another year stretches the assessment cycle to double its originally intended time span.

The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story. 

How can a property manager or board member understand what steps to take when enforcing the governing documents?

AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations:

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.