CondoBusiness - Risk Management
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Risk Management

Simple design choices support accessibility

Condominium boards and managers have been increasingly seeking advice on how to make accessibility improvements in older buildings.

Builders abuzz about cannabis legalization

Ontario’s residential construction industry is anxiously awaiting tools from the province to help it uphold its workplace health and safety obligations when recreational cannabis becomes legal next year.

Lighting design that illuminates condo security

Lighting design can make a big difference in the safety and security of a condominium.

Required upgrades to single-speed elevators lifted

The TSSA recently lifted the requirement to undertake certain upgrades to the controls of single-speed elevators, but it doesn’t mean building owners should abandon modernization.

Integrated security solutions add new layer

The intrusion detection system (IDS) is slowly being incorporated into integrated security solutions in condominiums.

HST misconception a sleeping giant

HST has been flying under the radar and could become a potentially significant liability for condo corporations.

Drone use comes with flight risks for condos

A drone can capture data about the building structure as it scales the envelope, but consider too the images or video it could unintentionally capture.

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?

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 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 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

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

Inquiry puts spotlight on procurement practices

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

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.

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.

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.