BoardSpace Blog
Read about everything condominium related.
Characteristics of the Best Condo Property Manager in the World
I only want World-class Property Managers (WPM) to manage my condo. After working with many managers over the past ten years, I know first-hand that WPMs make my job as a condo board director much easier. What makes a WPM so amazing? I have found it often comes down...
read moreHow to make condo meetings fun again
Condo board directors attend a lot of meetings. Most condos have at least one board meeting a month and managers many more. During board meetings, directors make decisions that affect the entire condo community and property. Attending board meetings is a key part of...
read moreCondo corporation facing a special assessment?
Originally published in Condo Business Magazine May/June 2017. Vol.32 #2 Making decisions as a condo director is part of the job. Financial decisions, especially those involving special assessments or fee increases, are tough. Making tough decisions will never be...
read moreKeep Track of the Money: Finance and Condos Part 2
This blog is part 2 of “Keep track of the money: Finance and Condos.” Financial policies are the topic of this post. Part 1 covers reviewing financial statements and condo fees, and Part 2 provides insights into the art of overseeing expenditures. Directors make...
read moreKeep track of the money: Finance and Condos Part 1
Be sure to check out my post on governance policies for condo boards, and an earlier post on best practices for condo board communication. Financial policies are the topic of this post. I have divided into two parts. Part 1 covers reviewing financial statements and...
read moreFive things new condo directors need to know now
Five things new condo directors need to know now Pat Crosscombe, CEO & Founder, Boardspace Originally published on Friday, December 16, 2016 in Condo Business Magazine What do new condo directors need to know right away? Congratulations on getting...
read moreHow to be a successful condo board director
In a previous post, I provided a checklist of best practices that successful boards use. Successful boards are made up of successful directors. What makes a successful condo board director? Here are five characteristics I’ve noticed that are common to the best...
read moreHow to Make Good Governance Policies for Condo Boards
Policies may not seem like an exciting topic, but they are crucial to the success of any condo board. I divide policies into three areas: governance, financial, and communications. An earlier post described best practices in communication. In this post, I start...
read moreHow to Make Condo Boards Successful: The Ultimate Checklist
One of the questions I'm often asked is what makes a condo board successful. I've been in the thick of things as President of my condo board, and I've spoken to people involved with dozens of other condo boards. From that experience, I've compiled the ultimate...
read moreWho does what? Differences between Property Managers and Directors
For most members of the condo community, the Property Manager is the face of the condo corporation or home owner’s association. They are responsible for day-to-day running of things– they look after the bank accounts, handle the checks, field correspondence, and...
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