Management

condo manager licensing

First condo manager licensing reg finalized

A final version of the first set of rules under new legislation that will establish condo manager licensing is now available online.
roof inspections

A property manager’s guide to roof inspections

At least twice per year, property managers should conduct roof inspections and maintenance on their roofs.
condo board

When private interests infiltrate the condo board

Governance challenges and financial issues abound when condo board directors become motivated by self-interest.
women in C-Suites and on boards

CRE subpar for women in C-suites and on boards

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.
elevator repairs

MPP proposes time limits for elevator repairs

Han Dong, the Liberal MPP for Trinity-Spadina, is proposing to set time limits for elevator repairs with a private member's bill.
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.