Insurance
Budgeting the unknown amid a pandemic
Condo corporations are facing new budgeting challenges in 2020. Planning for unexpected and increasing expenses is difficult to anticipate.
When a condo board becomes interim manager
When most people run for the condo board of directors, the last thing they imagine is a situation where they’re actually running the condominium.
Documenting evidence in condos amid COVID-19
Condominium property managers should be documenting evidence in the coming months due to losses and claims amid the pandemic.
Maximizing common element warranty coverage
An engineer offers tips for maximizing common element warranty coverage to get construction deficiencies resolved in new condo complexes.
Many condo insurance claims arise from liability
Experience as an insurance broker specializing in the condo segment shows that the majority of claims arise from liability.
Tarion review consultations kick off in Toronto
As Tarion review consultations kicked off, Justice Douglas Cunningham said he has assured those who have expressed concerns he has “no marching orders."
Consultation dates released for Tarion review
The Ministry of Government and Consumer Services this week released consultation dates and locations for the Tarion review, following a stretch of silence that, for some, raised questions about the terms of engagement.
Pan Am and the sport of short-term rentals
A security expert says condos need to have a plan for responding to short-term rentals ahead of tourist draws like the Pan Am/Parapan Am Games.
The role of preparedness in insurance claims
Property managers can prevent damage and protect residents by closing information gaps before emergencies leading to insurance claims occur.
Toronto condo renters to form association
The Federation of Metro Tenants’ Associations (FMTA) is reaching out to Toronto condo renters in an effort to help them form their own association.