Compostable Organics: What your Condo Board Needs to Know-5022

Compostable Organics: What your Condo Board Needs to Know

In fall of 2016, the City of Calgary announced the implementation of an expanded recycling bylaw which will affect all multi-family residences. This bylaw will require properties to have both recycling programs, as well as green bins for compostable organics collection systems as part of the waste collection infrastructure. With the rollout of this new mandate, there is going to be a significant increase in landfill tipping fees associated with garbage removal, making it even more important to get an […]

How to Hire Condo Property Managers in Four Easy Steps-4966

How to Hire Condo Property Managers in Four Easy Steps

Magnum York Building Management Hiring a property manager is an extremely important decision. Having the right person overlooking the day to day operations of your property and building should be able to ease the stress that comes along with managing a Condominium Corporation, especially with all the specific rules and laws you need to be aware of on a day to day. This article will help when you are looking to hire condo property managers. It’s easy to send out […]

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 […]

Kick Ass Condo Docs from Magnum York-4831

Kick Ass Condo Docs from Magnum York

 Condo Docs from Magnum York Having the condo documents you need on hand at all times isn’t something that’s always realistic, and when you don’t have them and need them in a pinch the situation only becomes more difficult. At Magnum York, however, we’ve taken the necessary steps to avoid this unfortunate situation ever coming to pass by using a site called CondoPapers. Document Portal Built for you What CondoPapers does is simple, yet extremely reliable and necessary for all […]

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 […]