If you own a condo, you’re probably paying monthly maintenance fees—but do you know exactly what you’re paying for? Many condo residents wonder if their fees are too high, why they keep increasing, and whether they’re getting good value for their money. Condo maintenance fees are essential for keeping your building running smoothly, covering everything […]
When hiring a condominium management company, board members want to ensure they’re working with a team that’s competent, transparent, and well-equipped to handle the unique challenges of managing a condo community. But how can you separate the best from the rest? One way is to look for ACMO 2000 certification—a prestigious designation that only a […]
For condominium board members, selecting a property management company is one of the most important decisions you’ll make for your community. You need a firm that is financially responsible, operationally sound, and dedicated to providing top-tier service. But how can you tell if a management company truly meets these standards? That’s where ACMO 2000 Certification […]
Managing a condominium community in Ontario is no small task. As a board member, you’re responsible for everything from financial oversight and maintenance coordination to legal compliance under the Condominium Act. One of the most important decisions your board will face is whether to self-manage or hire a professional management firm. Understanding the differences between […]
Choosing the right property manager is one of the most important decisions your board will make. But what should you look for in a condo management company? A great partner can enhance your community’s operations, support financial health, and help you stay compliant with Ontario’s condominium laws. On the other hand, the wrong company can […]
Making decisions as a condominium board member is no easy task. Every choice you make affects not only individual owners but the entire community. Balancing those interests is one of the most important and challenging responsibilities of condo governance. How do you navigate competing priorities? How do you balance immediate needs with long-term goals? And […]
Managing a condominium community comes with many responsibilities, and financial oversight is one of the most critical tasks a condo board faces. Board members must ensure that invoices from vendors and service providers are reviewed, approved, and paid on time—all while maintaining complete transparency and accountability. Traditionally, invoice approvals involved physical paperwork, in-person meetings, and […]
Emergencies are unpredictable, but preparation makes all the difference in how a condo community handles them. Whether it’s a fire, flooding, severe weather, or a prolonged power outage, having a comprehensive condo emergency preparedness plan in place can save lives, protect property, and minimize disruptions. For condominium board members, emergency preparedness is one of the […]
Condominium board members play a critical role in protecting the financial and operational well-being of their communities. While visible expenses like maintenance contracts and monthly fees often receive the most attention, the more costly issues are not always easy to spot. Bad condo management can quietly lead to financial losses, declining property conditions, resident dissatisfaction, […]
Congratulations on being elected to your condo board of directors! This is an exciting opportunity to make a positive impact on your community while helping to protect property values and ensure smooth operations. The role can seem complex at first, but understanding the condo board of directors responsibilities and learning how to fulfill them effectively […]
Managing a condominium community takes careful planning, clear communication, and reliable oversight. As a board member, you depend on your condo management company to handle day-to-day operations, from financial reporting and vendor coordination to resident communication and maintenance. When this partnership runs smoothly, it allows your board to focus on strategic planning and long-term goals. […]
Running a condominium board is not easy. From budgeting and maintenance to rule enforcement and resident relations, directors juggle many moving parts. Some boards thrive. Others struggle or fail. The difference usually comes down to a handful of avoidable errors. This guide explains the seven most common condo board mistakes, why they happen, and what […]
Understanding Condo Election Rules in Ontario With Ontario’s 2025 Provincial Election scheduled for February 27, 2025, campaign season is underway. For condominium communities, elections bring unique challenges—from managing canvassers and campaign materials to ensuring compliance with the Election Act, 1990 and the Condominium Act, 1998. For condo managers and board members, understanding these rules is […]
Switching condo management companies can feel overwhelming. Between legal contracts, resident communication, and ensuring records are transferred correctly, many boards hesitate to make the change. The good news is that with careful planning and the right partner, the process can be straightforward and stress-free. At ICON Property Management, we’ve helped condominium boards across Ontario successfully […]
Owning a condominium means being part of a shared community, and every community needs effective leadership. That is where your condo board of directors plays a vital role. These elected volunteers make key decisions that affect your building, your neighbours, and your property value. If you have ever wondered how to join your condo board […]
Managing a condominium community requires organization, expertise, and time. For many boards, juggling finances, resident concerns, and maintenance needs can be challenging. That is where a professional condo management company makes all the difference. By partnering with a team that specializes in condominium governance, financial management, and resident relations, your board can focus on strategic […]
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When it comes to condo property management, partnering with professionals who have the right credentials is crucial. Condominium managers who have earned the Registered Condominium Manager (RCM) designation exemplify a higher level of knowledge and professionalism in the field of condominium management, in Ontario. This designation goes beyond the licensing requirements outlined by the Condominium Regulatory […]
