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5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. Software reduces paper usage Admin work requires a lot of documentation. But this year is different.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

Most debt collection practices are governed by state law, and your specific homeowner’s associations governing documents tackle the process. Many HOAs have already meticulously outlined the process in their governing documents. It applies mainly to third-party collectors, and HOAs may be affected if they hire such contractors.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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How can high-rise condos use AI to make things easier?

Condo Control

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. One of the many tricks that STAN AI can perform is document scanning. Upload governing documents, and STAN can analyze them in a matter of seconds. Condo management is no exception.

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Condo Frozen Pipes: Who Should Take Care Of It?

Mem Property Management

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. The first thing you must do is check your condo association s governing documents. If your governing documents dont include these stipulations, then its probably time toconsider amending them.

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Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. Whether or not you have a wide network of contractors available to service the various issues that may arise. What is Multifamily Investing?

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor.