CondoBusiness - Management
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Management

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.

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 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.

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 agreements increasingly complex

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

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.

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 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.

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

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.

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

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.

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.

Probe underscores need for good record-keeping

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

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

Regs likely to have minor impact on purchases

The province of Ontario is planning to regulate home inspections. But what, if anything, would this mean for condominium purchases?

Personality type-based property management

Ever wonder why a member of the condo corporation prefers to communicate in a certain way? Why a fellow member of the property management team