It’s important for board members to review the draft financial statements and know what questions to ask their condo auditor before giving their approval.
For now, market demand and the goodwill of employers are still the prime determinants of superintendents' working conditions.
With mixed-use communities on the rise, sub-metering is more relevant than ever. It allocates utility costs to shared areas and units based on consumption.
Making tough financial decisions will never be easy, but making the right tough decisions gets easier if condo directors follow these five principles.
HST has been flying under the radar and could become a potentially significant liability for condo corporations.
With summer just around the corner, here are some tips for facilities managers to consider when preparing their commercial buildings to beat the heat.
A drone can capture data about the building structure as it scales the envelope, but consider too the images or video it could unintentionally capture.
With the growing number of dogs in condos, DNA registration programs have become available that match unscooped waste to offending pooches.
Scents associated with cigarette smoke, cooking and the garbage chute are among the most common odours complaints received by building managers.
If it becomes law, the Reliable Elevators Act would require maintenance contractors to restore out-of-service elevators within 14 days in most buildings.
A recent court decision may have opened the door to medical marijuana patients to grow a limited number of a marijuana plants in their condominium units.
A final version of the first set of rules under new legislation that will establish condo manager licensing is now available online.
At least twice per year, property managers should conduct roof inspections and maintenance on their roofs.
Governance challenges and financial issues abound when condo board directors become motivated by self-interest.
An analysis of 62 companies reporting portfolios of at least 10 million square feet to Canadian Property Management's 2017 Who's Who in Canadian Real Estate survey finds two female CEOs, three COOs and 17 CFOs.
Han Dong, the Liberal MPP for Trinity-Spadina, is proposing to set time limits for elevator repairs with a private member's bill.
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.