Risk Management

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.
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.
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
technological innovations

Technological innovations in condominiums

Technology is one of those things that never stops moving, and sometimes it can be daunting to keep up with all the latest advancements out
procurement

Inquiry puts spotlight on procurement practices

News of a Competition Bureau inquiry has put a spotlight on procurement practices in the condominium industry.
glass balcony guards

A guide to glass balcony guards and breakage

In the past few years, there have been many cases of glass balcony guards breaking. An expert explains why this happens and how to mitigate the risk.
tree removal

Taking the emotion out of tree removal decisions

It's important to make objective tree removal decisions because the physical condition of these dynamic organisms can deteriorate quickly.
construction deficiencies

Dangerous defects and professional liability

In many cases insurance is unavailable, developers are unwilling or unable to help and condominiums end up repairing construction deficiencies themselves.
winter safety tips for condo managers

Five winter safety tips for condo managers

December has been seasonably mild, so winter safety tips may not be top of mind for condo managers. But now is a good time to prepare for coming weather.
cigarette

Spate of condo blazes sparks safety campaign

A spate of condo blazes in Alberta has reignited conversations about the perennial fire safety risk posed by cigarettes in multi-residential buildings.
building safety hazards

Foreseeable safety hazards spell liability

Beyond the occupier's duty of care — a responsibility that property owners bear toward inhabitants, visitors and trespassers — landlords are also employers subject to health and safety regulations.
roof-topping

Iconic condos prime targets for rooftop photogs

Iconic condos are prime targets for rooftop photographers as urban exploration resurfaces in Toronto amid the glut of high-rise construction.
Hotel lobby

Pan Am and the sport of short-term rentals

A security expert says condos need to have a plan for responding to short-term rentals ahead of tourist draws like the Pan Am/Parapan Am Games.
radon testing

Why radon testing should be on your radar

After smoking, radon exposure is the next leading cause of lung cancer. An expert walks through radon testing and mitigation strategies.
renters insurance

The role of preparedness in insurance claims

Property managers can prevent damage and protect residents by closing information gaps before emergencies leading to insurance claims occur.