Condo Control

NOVEMBER 7, 2024

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? What costs can be charged back?

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Condo Control

MARCH 19, 2025

Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. Finally, 1 year after completing the 4-hour course, and each year thereafter, the director must complete at least 1 hour of continued education about recent changes to the condominium laws and rules during the past year.

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Condo Control

NOVEMBER 11, 2024

Motivated by the Surfside condo collapse, lawmakers don’t ever want to see another community in the same position as the Miami condominium ended up in. Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

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Condo Control

JANUARY 28, 2025

Take paid condominium parking and storage as an example. A limitation can be both a problem and a solution. Depending on laws and location, developers dont always include a spot or storage space for every unit.

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Lease Condominium Management Applications 130

Condo Control

MARCH 6, 2025

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. Use chatbots for improved response times Chatbots can be installed on a condominiums website or portal, and can deliver basic 24/7 support to residents. Condo management is no exception.

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Mem Property Management

OCTOBER 19, 2024

What Do Senior’s Want in an Condominium? #1: 1: Accessibility Older Americans, Active Adults and 55+ are looking for homes that will be easy to navigate as they age.

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Condo Control

DECEMBER 2, 2024

A charger costs $10,000 to buy and install At the time this article was published, a charger costs anywhere from $5,000 to $10,000 (CAD), depending on several factors including whether the condominium is already set up for EV charging and how many stations are going in at one time. The type of charger also impacts costs.

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Condo Control

DECEMBER 6, 2024

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? This survey is completed every other year.

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Condo Control

NOVEMBER 12, 2024

Homeowners associations, condominium associations, and housing cooperatives are usually structured as state non-profit corporations and are therefore swept into the BOI reporting requirements. Why are condos and HOAs expected to file a report?

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Mashvisor

JUNE 6, 2021

Investing in rental property is one of the best strategies for generating passive income and building wealth. You can invest in a wide range of properties including condos, single family…

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Mashvisor

NOVEMBER 29, 2021

Condominiums are great investments for a variety of reasons. If you are searching for a family home, a condo is an affordable single-family home that is great as a homeowner’s…

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Condo Control

JANUARY 20, 2025

But January can be a heavy month too, especially if you help manage a large condominium or HOA community. Creating a formal leasing process allows the condominium or HOA to determine who has the right to use a boat rack or storage locker. A new year presents opportunities for fresh starts and exciting goals.

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Mem Property Management

JANUARY 12, 2025

HOA Master Insurance Policy coverage should be viewed the same way go to the expert that specializes in the issues that arise in homeowner associations, particularly condominiums and townhomes. IMPORTANT: Your insurance broker must review the CC&R for your association to understand the scope of the associations responsibility.

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Condo Control

JANUARY 13, 2025

On top of that, out of the 15 leaders in the property management space, we are the only one that specializes in condominium and homeowner association management. This distinguished award was given to us by G2 , a trusted peer-to-peer review platform, based on our sustained market presence and high volume of customer feedback.

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Mashvisor

MAY 27, 2022

If you have never purchased a condo (also known as a condominium), you may be shocked at the many factors to consider. Table of contents What Is a Condo? How…

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Condominium Real Estate Property 61

Mem Property Management

OCTOBER 13, 2024

mem property management is privileged to serve some of the finest communities throughout New Jersey including many of the major developers and builders as well as communities as diverse as small ocean-front condominiums to large master-planned communities with several hundred homes to age-restricted retirement communities.

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Condo Control

APRIL 9, 2025

So, in one way or another, finances are putting a strain on condominiums and HOAs. Hiring more staff would help resolve this issue, but most communities dont have that much wiggle room in their budgets. 25% say lack of finances is a top concern. These findings align with research conducted by The Foundation for Community Association Research.

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Condo Control

MARCH 24, 2025

Traditional guest pass management can be complicated and ineffective It is precisely because of scenarios like the one described above that drive condominiums and HOAs to implement guest pass systems for pool access.

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Property Management Inc.

NOVEMBER 26, 2024

This is because the HOA or condominium’s master policy won’t cover everything. In a condominium, the master policy will vary. If you rent in an HOA, you won’t need homeowners or condo insurance, but rather renter’s insurance (we did another blog on this, so please check out our other posts).

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Mashvisor

JUNE 15, 2022

Though condominiums may seem quite similar to traditional houses, there are actually plenty of differences to be aware of. So, what is a condo? Table of Contents What Is a…

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Condominium Property Tenant Rental Management 45

Nest DC

JUNE 22, 2023

After single-family row homes and townhouses, condominiums (condos) and cooperatives (co-ops) are two popular housing types in Washington, DC, for potential buyers. In this blog, we will delve into the nuances of co-ops and condos, highlighting their ownership structures, financing considerations, and community dynamics.

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Authority Property Management

JULY 26, 2024

In this blog post, we will delve into the details of Proposition 33 , how it could affect the real estate market, and why those involved in property management should consider voting no. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.

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Real Estate Single-Family Home Property Regulation 64

Mem Property Management

JANUARY 6, 2025

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. PREVENTING FROZEN PIPES IN CONDOMINIUMS Frozen pipes happen when outside temperatures reach freezing and there is a lack of heat inside the property. But, is it your job to fix these pipes?

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Florida Property Management

JUNE 27, 2024

This blog delves into the many benefits of real estate investment, with a particular emphasis on residential real estate and, more specifically, single-family rentals (SFRs). Condominiums Condos can be a cost-effective entry point into real estate investing, often requiring lower initial capital compared to single-family homes.

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Florida Property Management

DECEMBER 16, 2023

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

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Mashvisor

DECEMBER 16, 2021

If you’re thinking about becoming a real estate investor, there are many different types of housing, including detached condominiums. However, if you want to maximize your return on investment, you…

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Condominium Real Estate Rental Income Rental Property 36

Mem Property Management

AUGUST 5, 2024

mem property management , recently filed with the United States Patent and Trademark Office (USPTO) a Combined Declaration of Use and Incontestability Under Sections 8 and 15 to further strengthen the company’s intellectual property rights. “We

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Mem Property Management

SEPTEMBER 4, 2024

Condominium and townhome owners will need to have a personal lines policy (HO-4, HO-5, HO-6, etc.) Invite your insurance agent to a board meeting or schedule a conference call to ensure you know and understand what kind of coverage your community has so you can effectively communicate that to your members and/or homeowners.

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Condo Control

FEBRUARY 13, 2025

Surfsong Condos About the association Surfsong Condos has 72 condominium units, a lovely clubhouse situated next to an oceanfront swimming pool and hot tub, and two tennis courts. All content is found on a single landing page and clicking on the tabs takes the reader to exactly the spot they want to go to.

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