Insurance

Budgeting

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.
condo board

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

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.
warranty coverage

Maximizing common element warranty coverage

An engineer offers tips for maximizing common element warranty coverage to get construction deficiencies resolved in new condo complexes.
condo insurance claims

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.
University of Ottawa

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."
University of Ottawa

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.
Hotel lobby

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.
Conflict

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.