We Had one of the Most Difficult Condo Board Members-4881

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 […]

What No One Tells You About Condo Insurance-4843

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 […]

5 Useful Questions to Create a Powerful Board Budget-4828

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? […]

If You Read One Article About Condo Bylaws Read this One-4830

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 […]

Essential Steps for a Successful Condo Board Vote-4834

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 […]

4 Risks Condominium Boards are Exposed To-4523

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 […]

3 Ways To Make Condo Board Meetings Better-4513

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 […]

Top 5 Resources Your Condo Board Needs Now-4483

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, […]

Magnum York is Now on the Radio in Calgary!-4465

Magnum York is Now on the Radio in Calgary!

Radio Showcase “Ask the Expert” Series Magnum York Property Management was featured in our last blog post for our spot on Breakfast Television. We are now excited to showcase some audio pieces that have aired on local Calgary radio stations Jack 96.9 FM and 660 AM News Radio. In the first audio segment, Peter Best tells us why condo associations and condominium owners should care about Bill 9. The relatively new property amendment act gives Alberta consumers more protection, let’s listen in and hear […]

Hold Effective Condo Meetings: An Overview-4112

Hold Effective Condo Meetings: An Overview

  Learn how to hold effective condo meetings as a director or a coordinator of a Condo Board or Association. Maybe you attend the Condo Meetings and want to be a larger part of the groups success and efficiency. Running effective meetings can be quite a challenge if you are not prepared. That is why Magnum York has prepared the information you need to get a head start. First you may want to review one of our past posts: “The […]