Management

Roehampton

Unit owners sell boutique buildings to developer

The sale of a property in midtown Toronto that closed in January marks Ontario’s first case of unit owners terminating a condo corporation by vote.
maintenance fees

How climate change could affect maintenance fees

Maintenance fees are based on historic norms, stable benchmarks and logical predictions. What happens when those predictions no longer fit the weather?
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.
waste contamination

Toronto cracks down on waste contamination

The City of Toronto is cracking down on bylaw infractions concerning the co-mingling of garbage and recycling in bins put out for municipal pick-up at multi-residential properties.
workplace safety

Workplace safety tips for property managers

Coordinating building systems and dealing with a variety of issues personal to clients’ homes have the potential to place property managers in harm’s way.
condominium audit

Condo audits uncover four common issues

During condominium audits, certain issues related to financial or operational matters may need to be highlighted to management and the board.
shared facilities agreement

Shared facilities agreements increasingly complex

As developments become increasingly complicated, so do the relationships between condo corporations and other parties bound by common interests.
business judgment rule

Condo boards can rely on business judgment rule

A recent Ontario Court of Appeal decision confirmed for the first time that the “business judgment rule” applies to decisions made by condominium boards.
generator service costs

Four factors affecting generator service costs

There are four major factors that will affect generator service costs in all condominiums.
money laundering via real estate

Money laundering via real estate scrutinized

Recent guidance from the Financial Transactions and Reports Analysis Centre of Canada sets out 39 indicators that should prompt parties involved in facilitating real estate deals to contemplate purchasers' or vendors' motives.
commercial real estate

Top 14 stories to watch in 2017

Last year, the commercial real estate industry faced a number of diverse challenges and successes that are expected to develop throughout 2017. Here, REMI’s award-winning
sensor solutions

Sensors poised to transform property management

Companies are developing the next generation of tools for residential property management. Sensor technologies in particular are bound to make huge waves.
analytics

Improving condo management with analytics

What is the average response time of managers in getting back to residents’ requests? For condo directors or managers that don’t know the answer, this
short-term rentals

Ruling could help condos fight short-term rentals

A court ruling released last week strengthened the position of condominium corporations struggling to enforce restrictions on short-term rentals.
condominium managers

RCMs may have head start in move to licensing

Registered Condominium Managers (RCMs) may be on the fast track to obtaining the license that will soon be required to manage condominiums in Ontario.
record-keeping

Probe underscores need for good record-keeping

A Competition Bureau investigation recently required some condo corporations to retrieve meeting minutes dating back a decade.
Protecting Condominium Owners Act

Condo law reforms to roll out as early as summer

Ontario’s condo law reforms, passed late last year, are expected to start to roll out as early as next summer. Updates at the ACMO/CCI-T Condo