For this post, we decided to answer some common questions for condo developers in Alberta. Magnum York Helps with the transition from developers to the owners and make is a smooth process. For more on this transition read this post and also visit our developers page for further information. Enjoy this read and reach out to us if you have any further questions, also if you would like a quote we will send you one within 24 hours. 1. […]
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 […]
Let’s say you and your condo board are doing pretty well. You meet regularly and communicate decisions effectively. Your finances are on the up-and-up, and your building doesn’t seem to be falling apart. Things are… good. But maybe thoughts of a flooded parking garage keep you up at night. Or the windows and doors are starting to show their age, or maybe the owners are feeling strained by an unexpected special assessment. Maybe things are good now, but […]
In the fall of 2016, the City of Calgary announced the implementation of an expanded recycling bylaw which will affect all multi-family residences in the city. 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 […]
Magnum York Condo 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 […]
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 […]
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 […]
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 […]
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? […]
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 […]