Are you wondering how you should go about choosing the right condo front desk management software for you? Read on and learn more here. Condominiums are only increasing in popularity thanks to the benefits they have over typical family homes. From a more community-oriented setting to the various services a condo complex can provide, buyers … Read more
Today, the North American property management market is valued at $5 billion, which has increased 7.78% over the last year! With housing increasing in demand, this industry is only set to keep growing. If you’re a property manager, then you know just how busy this lucrative career can be. While you’re making lots of money, … Read more
When you are looking for a condominium, you may find different options on the market. It’s best to familiarize yourself with the types of condos available in Ontario. There are two main types of condominiums: freehold and leasehold. Freehold condominium corporations Freehold condominiums fall into one of three categories: 1. STANDARD CONDOMINIUM CORPORATIONS When you … Read more
Noises or vibrations are among the most common issues in condo communities. If you live in a condo, you’re probably going to hear sounds or feel vibrations coming from other units or the common elements. Unwanted noise or vibrations are usually caused by someone else’s behaviour or the design or construction of the condominium Examples … Read more
Concerns about unpleasant odours are a common condo issue. Living in a condo may mean sometimes encountering smells that can travel between units and the common elements. Unwanted odours are usually caused by someone else’s behaviour, or the design/construction of the building. Odours may be unavoidable, but they can become an issue, particularly if there … Read more
Living in a condo often means that space is limited. Consequently, issues about where and how owners and occupants can park their vehicles or store their property are common in condo communities. Parking and storage issues in condo corporations can sometimes be complex. To give you a sense of the variety of approaches, here are … Read more
Pets are an important part of many people’s lives, and many condo owners and occupants keep pets in their units. Unfortunately, pets and animals can sometimes lead to conflict within the condo community. These issues most often arise when owners and occupants of condo units do not comply with the condo corporation’s governing documents (i.e. … Read more
Under the Condominium Act, 1998 (the Condominium Act), all condominium corporations are required to create and keep adequate records. These records include: The financial records of the condominium corporation; The minute book containing the minutes of owners’ meetings and the minutes of board meetings; The condominium corporation’s declaration, by-laws, and rules; A copy of any return or … Read more
Short-term rentals have gained in popularity over the past several years, and many owners have begun offering their condo units for short-term rentals either on their own or through short-term rental companies such as Airbnb, Expedia, etc. Short-term rentals can sometimes lead to disruptions and other issues in condo communities as the short-term rental occupants … Read more
Unwelcome smoke and vapour are common issues in many condo corporations. Living in a condo community means living in close proximity to your neighbours, where smoke and vapour may travel between units and the common elements. Unwelcome smoke and vapour can be caused by someone else’s behaviour, or the design and/or construction of the condominium. Examples of common smoke and vapour issues include: The smoke from tobacco, cannabis, or other … Read more