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March 4, 2024 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Expectations of Condominium Owners
While our previous blogs emphasized the benefits of board membership. Equally concerning is the lack of engagement from many owners in the operation of their condominium corporation. However, there are several expectations every corporation has of its owners.
February 8, 2024 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Why Serve on a Condominium Board
It is a responsibility of all condominium owners to invest some time and effort in ensuring the corporation is run effectively and efficiently. One such way to contribute is to be a board member. Not only do you gain a better understanding of the business, but there are other benefits.
January 26, 2024 - Blog Post
Author: Editor
Author: Editor
Getting Owners to Run for the Board
Let’s face it. Getting owners to put their names forward to run in an election for the Board is often extremely difficult especially in today’s busy world. It can be discouraging and even disheartening. How can we encourage owners to run in a board election?
January 2, 2024 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
The Property Manager and the Board
The management of a Condominium Corporation is a complex matter dealing with long-term strategies and day-to-day operations. Some corporations may choose to self-manage; others choose to hire a property manager to handle daily operations and advise the Board on long-term strategies.
November 29, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Board Development as a Team
In developing the Board as an effective team, I draw your attention to the Tuckman Team Development Model, also known as the Forming-Storming-Norming-Performing model, that was proposed by psychologist Bruce Tuckman in 1965. The model describes the stages that teams go through as they develop and mature.
October 30, 2023 - Blog Post
Author: Michael Kennedy and Dan Campbell
Author: Michael Kennedy and Dan Campbell
Condominium Boards and Due Diligence
After we published the blog on the qualities and attributes of an effective board director, a question was raised about due diligence. It’s a good question and worthy of an answer, so here is a blog on due diligence.
October 14, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Qualities and Attributes of an Effective Board Director
In a past blog we talked about the responsibilities of the Board but in this blog we take a look at what makes an effective director. A good Condominium Board Director plays a crucial role in the effective governance and management of a condominium community.
October 1, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Answers to questions on condo fees
We received two questions on condo fees regarding limits and appeals to the setting of fees. Read further for the answers.
September 24, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Setting Condo Fees
It is getting to that time of year where Boards need to prepare next year’s budget and set the corresponding condo fees from that . Setting these fees involves a careful consideration of various factors to ensure that the fees adequately cover the costs of maintaining and managing the condominium.
September 9, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Understanding Condominium Corporation Budgets
An effective condominium corporation budget is essential for managing the financial health and operations of the community. It helps ensure that the corporation can meet its obligations, fund necessary maintenance and repairs, and plan for the future.
August 28, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy
Dealing with Interpersonal Conflict
Dealing with interpersonal conflict can be challenging, but it is an essential skill for maintaining healthy relationships, whether they are personal or professional. There are some steps you can take to effectively manage and resolve interpersonal conflicts.
August 21, 2023 - Blog Post
Author: Michael Kennedy
Author: Michael Kennedy