Condo communication needs a fresh approach – something that gets people's attention, buy-in, and action to achieve and maintain a healthy condo corporation.
Market pressure and industry competitiveness could propel accessible commercial real estate in the coming decade, much the way those complementary forces have already bolstered energy efficiency and low-carbon footprints.
A looming crisis in property management is an urgent wake-up call to the condo industry.
Along with measures to discourage spurious lawsuits, the legislation has implications for commercial real estate operators and any organization with potential scofflaws among its employees or membership.
It's still unclear how the process of securing environmental approvals for combined heat and power systems will be streamlined, but the Ontario government's recent pledge has been greeted enthusiastically in the buildings sector.
Vancouver plans to expand its partnership with strata corporations to crackdown on operators who don’t comply with short-term rental regulations.
Individuals and businesses need a licence to provide condo management services in Ontario. The Condominium Management Regulatory Authority of Ontario (CMRAO) is the licensing authority that regulates Ontario’s rapidly growing condominium market.
In keeping with the idea of modernization roadblocks, renovations to amenity spaces can often require a permit depending on the type of work being done.
Whether by corruption or incompetence, condo boards that mismanage their multi-million dollar budgets and reserve funds are a recurring problem.
There are instances where unit owners may have recourse to insurance to cover their share of the special assessment. Ahead are a few examples.
Knowing where to look – and what to look for – makes reviewing your financial statements easier. It will also bring to light any areas that require a deeper dive to ensure the corporation stays in a favourable financial position.
Emotions are running high at two CityPlace buildings after the condominium corporation started enforcing a rule that prohibits any pets that were not registered with the corporation by a specified date.
Why is it that a select few people can decide what condo fees for the ensuing year will be? Why can’t owners have input into the new fees? These are both extremely good questions and perhaps a couple of the most commonly asked questions in the condo world.
Participating in a condo mediation can often mean taking time off work or giving up an evening. And truly, the most challenging aspect of mediation
Serving as a director can be a daunting task considering all the responsibilities involved in governing a condo corporation’s affairs, which can include making tough
Some of the signals of potential malfeasance in real estate transactions are not obvious or only appear ominous when they are part of a pattern of questionable conduct.
Bed bugs can be a nightmare for condo residents, managers, and guests alike and can wreak havoc on your property. Here's how to prevent or manage an infestation.