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...
Keep Track of the Money: Finance and Condos
Money is a top-of-mind topic for condos. Following the money is hard without good policies and procedures. This blog fills the gap on financial policy. Monthly Financial Review Reviewing the condo’s monthly financial statements is one of the most important tasks each...
Five things new condo directors need to know now
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 condo board! Now the fun begins. For first-time directors, there is an overwhelming amount of...
How 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...
How 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...
How 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...
Who does what? Differences between Property Managers and Directors
Are you confused about who does what? 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...
Wearing 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!
Want to guarantee happy condo owners? Five tips for improving board communication practices
Originally published in 2016. Revised in 2019. No one ever complains about too much communication, but everyone complains about too little. Is it possible to get it right? Absolutely! Here are 5 tips that condos and HOAs can use to improve communications with owners...
Governance at Home: The Wild West of Condo Boards
Conference Board of Canada I am really excited to have an opportunity to work with the Conference Board of Canada in presenting this Governance at Home: The Wild West of Condo Boards webinar. Thank you, Conference Board, for considering governance for condominium...