Posts Tagged ‘Condominiums Explained’
Condominium Board of Directors: What are their roles in your Condominium Corporation?
The board of directors can be defined as an elected party of volunteers tasked with the decision making for your condominium corporation. See more here!
Read MoreProperty Managers: What are their roles in your Condominium Community?
Property Managers fill many of the key roles in your condominium community. Check out our blog to see how we can help you function optimally.
Read More2024: New Year, New Goals!
How do investors and business people seem to do it all? They delegate to the right people! Do you need help with your property management? Call us today!
Read MoreHow Do I Know What Condo Documents I Need?
Are you buying or selling a Condominium? It can be tough to know where to start when you are looking for condominium documents. It is made especially difficult because every condominium and purchase agreement is different, so here is what you need to know! What are condominium documents? Condominium documents are the information that you…
Read MoreSnow Removal Should Be a Part of Your Property Management Plan. Here’s Why!
With the unpredictable Albertan winter close at hand, have you considered why a snow removal plan might be necessary for your property? According to this article by the CBC, between 2011 and 2016 the rate of frequency of serious injuries due to falls on ice is a 43.2 per 100,000 people. These are reported to…
Read MoreTwo Legal Acts That All Albertan Condominium Owners Need to Know about!
If you have been around for a while and seen any of our other Key to Management Blogs, you will see the Condominium Property Act and the Condominium Property Regulation are mentioned very frequently. That is because these two pieces of legislation formulate the foundation for everything to do with the development, ownership, and management…
Read MoreProfessional Condominium Management
You are now the proud owner of your condominium- congratulations! As an owner in the condominium corporation, there are a lot of considerations that you need to think about to make the best business decisions for your investment. Like anything, the management of your condominium can mean the difference between many frustrations and the loss…
Read MoreCondominium Contributions: What Are They For?
Condominium contributions are a hot topic for condominium owners. What are they? How are they determined? Why do they go up? If I am paying contributions, why did we need a special levy? Every condo owner must pay condominium contributions (also known as condominium fees) to the condominium corporation. These contributions go towards the corporation’s:operating account andreserve fund condolawalberta.ca What…
Read MoreBudgets: Why are they Integral to the Health of Your Community?
Condominium Corporations have unique and complicated financial needs. That is why developing a solid budget and sticking to it is integral to your condominium communities health. There are many considerations when developing a budget that will create long term sustainability to your communities and we will walk through some of the most fundamental aspects that…
Read MoreCondominiums Explained
A condo, short for condominium, is an individually owned residential unit in a building or complex comprised of other residential units. Condo owners share a common space and often pay association fees to maintain the common space, amenities, and other shared resources. Investopedia Condominiums can be either residential or commercial and simply stated, a condominium owner…
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