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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Condominium Government Insurance Landlord 130

Condo Control

MARCH 19, 2025

They must also host digital copies of most of the associations official records, including articles of incorporation, CC&Rs, bylaws, rules, current insurance policies, the annual budget, and current certification of each director. Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website.

Attorney 130

Attorney Condominium Education Government 130

Property Management Inc.

NOVEMBER 26, 2024

Is homeowners or condo insurance necessary if a person lives in an HOA? This is because the HOA or condominium’s master policy won’t cover everything. In a condominium, the master policy will vary. Now, it’s important to keep in mind that there will be specific situations that are covered under insurance.

Insurance 52

Insurance Condominium IT Property 52

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 130

Property Insurance Rental Income Real Estate 130

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.

Apartment 130

Apartment IT Condominium Government 130

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.

Condominium 130

Condominium Government Management Maintenance 130

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. WHEN IS CONDO INSURANCE INVOLVED?

IT 52

IT Condominium Insurance Government 52

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.

Tenant 52

Tenant Lease Agreement Insurance Condominium 52

Mem Property Management

SEPTEMBER 4, 2024

The business judgment rule along with directors and officers insurance will cover you as a board member for any decisions you make, even if they turn out to cause more problems than they solve for the community. Do you have or need flood insurance? However, the big caveat is that you must follow the spirit of the rule.

Government 52

Government Insurance Condominium Physical Property 52

Authority Property Management

JULY 26, 2024

Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. It imposes financial constraints that do not consider the rising costs of property taxes, insurance, and maintenance. New constructions built after February 1, 1995. Vacant units, allowing landlords to reset rent prices to market rates.

Real Estate 64

Real Estate Single-Family Home Property Regulation 64

Beach Front Property Management

OCTOBER 2, 2024

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. During this time, you wi ll need to secure homeowners’ insurance, arrange an inspection, and cover any additional closing costs. What is Multifamily Investing?

Real Estate 130

Real Estate Rental Income Property Manager Property Management 130

MRI Software

FEBRUARY 2, 2025

A condo, or condominium, is a privately owned unit within a larger multi-unit building. However, lenders often require additional documentation about the buildings HOA, such as financial stability and insurance coverage, to ensure the property is a sound investment. What is a condo and how does it work?

Finance 52

Finance Commercial Property Single-Family Home Maintenance 52

Property Management Inc.

NOVEMBER 26, 2024

They created a task force “comprising attorneys, reserve specialists, engineers, insurance providers, managers, and bankers, to determine what issues are the most prevalent in failing physical components, and—especially—how associations can prepare themselves to address and resolve these issues when they inevitably arise.”

Contractors 52

Contractors Engineering Maintenance Condominium 52

Real Property Management DC Metro

AUGUST 11, 2023

You’re on the right track to depend on your rental income if it comfortably pays all of your bills, including your mortgage, property taxes, insurance, maintenance fees, and personal living expenses. You may maintain steady occupancy and maximize your rental income by combining single-family homes, apartments, and condominiums.

Rental Property 52

Rental Property Rental Income Property Real Estate 52

Mem Property Management

JULY 24, 2024

As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor. Make sure the electric car charging stations condominiums and HOAs install won’t deal any long-term or short-term damages. After you have reviewed their application, the installation process may begin.

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Government Maintenance Condominium Applicants 52