Condo managers who understand a condo’s life stages, hidden damages, and inspections are more likely to develop effective reserve fund plans with logical budget allotments.

The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.

Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.

Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.

As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.

Resolving noise complaints requires an understanding of how sound moves through a building and the obligations of a condominium.

Timely maintenance and improvements will play an important role in securing favourable coverage terms and avoiding delays in the renewal process.

Harassment towards property managers, directors, contractors, and residents remains a significant problem within condominium corporations.

Even though the Condominium Authority of Ontario’s online mandatory training program provides a solid foundation, directors can never stop learning and continue to gain experience over their terms.

Conflicts and disputes within Ontario’s condo communities are fueling a conversation around safety reform and adding pressure to make residential buildings better places to live and work.

Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.

This minimum wage increase is larger than most in recent history, second only to that imposed on January 1, 2018.

Artificial Intelligence (AI) is rapidly transforming various industries. Condominium management should be no exception.

While 2020 boasted the lowest property crime rate in more than 50 years, crime rates have not continued to sink since then.

The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story. 

How can a property manager or board member understand what steps to take when enforcing the governing documents?

AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations: