CondoBusiness - Management
REMI

Management

mortgage

What to do after falling victim to mortgage fraud

If you are the victim of mortgage fraud involving a mortgage lender and a third-party fraudster, chasing after the fraudster should be secondary to taking immediate steps to try and preserve your rights and prevent your condo from being sold.
condo

Actuaries garner new insight into condo finances

The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
trust

On trust and transparency in condos

As the cornerstone of condominium living, trust is, oddly, seldom spoken about amongst owners and residents.
condos

Who will manage all the future condos in Ontario?

Ontario's condo management industry is calling for change as the province plans to build 1.5 million homes in 10 years, including a large number of new condos.
HVAC

Putting HVAC maintenance in the spotlight

What HVAC contractors do, or don’t do, during maintenance has a significant impact on the repairs, service calls and utilities consumed by mechanical equipment.
tornado

Tornado research uncovers risks for homeowners

Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
windows

‘Windows’ of opportunity for home retrofits 

In low-rise homes, including condos, up to 35 per cent of heated air can be lost through the windows during the heating season.
Ontario offers bonus incentives on retrofits

Ontario offers bonus incentives for retrofits

Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
auditor

Auditors and annual general meetings

As we emerge from the pandemic, some boards of directors are considering a return to in-person annual general meetings.
emergency prepardeness

Updating your condo’s emergency response plan

As spring temperatures arrive and snow and ice finally recede, condominium managers often face property maintenance issues that arise or were neglected during the winter
Tarion

Preventing title and mortgage fraud

How do condo owners protect themselves and their biggest investment from being victims of title fraud or mortgage fraud?
Multifamily remains favoured investment asset

Multifamily remains favoured investment asset

Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
property

Trash talk:

As single-use plastics become a thing of the past for Canadians, condo owners and property managers need to adapt the way they handle garbage in their
tenant

Rental demand spotlights tenant relationships

As condos supply the surging demand for rental housing many corporations may be experiencing a rise in tenant-occupied units.
New oversight regime set for Ontario elevators

New oversight regime set for Ontario elevators

A new oversight regime for Ontario’s elevators and escalators will come into force on March 1, bringing shorter timelines for rectifying an extensive list of designated high-risk deficiencies.
condo

Legislation escalating condo manager workloads

There are many problems with having property managers act as a condo’s legal representative in a CAT application.
business

When owners open a home-based business

From ensuite take-out resto to teaching downward facing dog in the common areas, here’s the lowdown on this trendier work-from-home shift, with some legal and insurance tips.