BoardSpace Blog
Condo 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 elected to the...
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...
read moreWearing the right hat: Managing condo owners’ expectations
One of the biggest challenges of being on a condo board is finding a way to manage condo owners’ expectations of directors. Condo board directors are owners too, so this can be tricky!
read moreFive Best Practices for Improving Condo Board Communication
Funny, isn't it, how a flock of geese can manage to communicate well enough to prevent mid-air collisions but people find this task very difficult. Communication is always one of those things that get forgotten. Who has time to be writing to owners letting them know...
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