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Condominium Protect Act Bill 9 CPA Jan 1 2020 changes impact all Alberta Condo owner and board directors Magnum York
20 Jan

How do Jan 1, 2020 changes in Alberta’s Condo Property Act impact owners and condo boards?

Introduced in December 2014, Alberta introduced sweeping changes to the CPA Condominium Property Act. These proposed changes were put into Bill 9, with the Alberta government introducing them through 3 phases. The first phase of changes came in 2018 which improved consumer protection. Readers Notice: The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. The second phase […]

By Alberta, Bill 9, Board Members, Calgary, Condo, Condo Board, Condominium, Edmonton, Fort McMurray, Magnum York, Management, Medicine Hat, News, Olds, Property Managers, Red Deer, Residential 0 Comments Read more
Magnum York Advantage 7 steps accounting condo board meeting
24 Oct

Condo Management: The Magnum York Advantage In 7 Steps

If your condominium board could use some help, consider the Magnum York MYAdvantage. For the past 25 years, we’ve been providing condo management services across Alberta for properties large & small. We’ve got the expertise to care for everything related to your property. Learn about the MYAdvantage we can provide you in 7 steps!   1. Have you found your accounting expert? We’ve got the expertise to help you stay on top of your condominium property finances. From paying expenses […]

By Alberta, Board Members, Condo Board, Magnum York, Management 0 Comments Read more
We Had one of the Most Difficult Condo Board Members-4881
30 Jan

We Had one of the Most Difficult Condo Board Members

Condominium boards play a very important role in maintaining the standards and operations in communities. For an efficient management of the communities they belong to, the board members need to operate as a unitary group. But when individuals with diverse backgrounds, experiences, personalities, perspectives, beliefs and sets of skills work together, disagreements inevitably arise. Depending on how differences are managed, they can morph either into constructive debates or disruptive conflicts. Since disruptive divergences can damage relationships, and lead to division […]

By Board Members, Condo Board, Condominium, Property Managers 0 Comments Read more
What No One Tells You About Condo Insurance-4843
09 Nov

What No One Tells You About Condo Insurance

Insurance is one of those things that most people take for granted. As long as we know it’s there then it is bound to save whatever it is that we are paying for. This, in part, is true, but it’s not the whole story. Having comprehensive insurance is an extremely important aspect of owning a condo, renting a condo, or owning multiple condos or even a building. Knowing what that insurance includes, and perhaps more importantly, what it doesn’t will […]

By Board Members, Condo, Condo Board, Condominium, Management, Properties 0 Comments Read more
5 Useful Questions to Create a Powerful Board Budget-4828
07 Sep

5 Useful Questions to Create a Powerful Board Budget

Prioritizing a Condo Board Budget When sitting down to compose a board budget with your fellow members, it’s important to have an idea of what needs to be accomplished on a more granular level. Obviously, everyone wants a healthy budget and to not waste money but how does this actually get accomplished? There are so many questions that need to be asked and answered, but how do we prioritize them and ensure we’re taking care of the biggest issues first? […]

By Board Members, Condo, Condo Board, Condominium, Efficient, Improvements, Magnum York, Maintenance, Management, Repairs, Vendors 0 Comments Read more
If You Read One Article About Condo Bylaws Read this One-4830
18 Aug

If You Read One Article About Condo Bylaws Read this One

Ever wondered how Magnum York helps your Condominium Board deal with Condo Bylaws? Magnum York helps the board Assist the Board in its By-law review and recommending possible changes Assist in obtaining legal advice for any by-law changes Assist in obtaining owner compliance with by-laws, rules and regulations in accordance with the by-laws. Assist in setting policies in accordance with by-laws In addition to the above, we take a detailed approach to a variety of issues that may come up in […]

By Board Members, Condo, Condo Board, Magnum York, Property Managers 0 Comments Read more
Essential Steps for a Successful Condo Board Vote-4834
22 Jul

Essential Steps for a Successful Condo Board Vote

There comes a time during a meeting when a condo board vote needs to happen. Typically, these are mundane matters that attendees tend to agree on en masse. Every now and then, however, something substantial comes up for a vote and there doesn’t seem to be a general consensus in the room. When it comes to spending large amounts of the reserve fund, or perhaps, money out of the wallets it’s important to have an idea of how things are […]

By Board Members, Condo Board, Improvements, Maintenance, Repairs 0 Comments Read more
4 Risks Condominium Boards are Exposed To-4523
16 May

4 Risks Condominium Boards are Exposed To

Dealing with a condo board can be hard. Being a part of a condo board and trying to please everyone involved can be even harder. There are always issues looming just over the horizon, some of them with potential to do serious damage to your condo and the wallets of the owners. We thought it would be best to bring some of those issues to light so you can spot any potential red flags before they become something worse. We […]

By Board Members, Condo, Condo Board, Condominium, Magnum York, Management, Property Managers 0 Comments Read more
3 Ways To Make Condo Board Meetings Better-4513
28 Apr

3 Ways To Make Condo Board Meetings Better

How do You Make Condo Board Meetings Better? Condo board meetings can often be fraught with indecision, discord, and a total lack of organization. These factors often lead to painful processes where very little, if anything, ever gets done. As an owner of a property you want to know that things are getting taken care of and that people aren’t spending your money unnecessarily.  We have witnessed these meetings first hand and thought we would be able to shed a […]

By Alberta, Board Members, Condo, Condo Board, Condominium, Efficient, Largest in Alberta, Magnum York, Management, Owners 0 Comments Read more
Top 5 Resources Your Condo Board Needs Now-4483
30 Mar

Top 5 Resources Your Condo Board Needs Now

Condo Board Tools you can Actually Use Informative, timely, and effective communication is the bedrock of any successful condominium association.  Those who fail to maintain this productive communication between the board, members, and their management team do so at their own peril. Period. Timely, relevant, and efficient communication serves to foster a sense of involvement for the members and a connection to the board and their decisions.  That means confidence.  Projects are organized and executed smoothly, team members participate effectively, […]

By Board Members, Condo, Condo Board, Condominium, Efficient, Magnum York 0 Comments Read more