Most people will agree that making a decision as a couple is not always easy. Imagine if other people's opinions are added to the equation, that the decision is based on consensus, and that the consequences of each decision have a direct impact on the wallets of people who are not involved in these … Read More
Simplify the collection of condo fees
A large majority of Quebec co-ownerships have difficulties in setting up the management mechanisms necessary to efficiently collect their condo fees*. This has serious consequences for the value and financial performance of condos. Here are some tips that should correct the situation and better … Read More
Management, the poor cousin of co-ownerships
It is a well-known fact that the majority of co-ownership buildings in the province of Quebec suffer from a chronic maintenance deficiency. Sad consequence for co-owners who did not involve themselves sufficiently in their investment, as a result, they must reach for their wallets more and more … Read More
Poor condo management, a simple obligation that speaks volume
It is known that most co-ownership properties suffer from an inherent lack of maintenance. This flagrant lack of interest for the maintenance of co-ownership buildings compromises the resale value of condo units. Poor management of the safekeeping of spare keys of a building’s condo units is a … Read More
Assess the value of a property in the blink of an eye
You’re thinking of buying a condo? There’s plenty to chose from! The problem is more about finding one’s ideal home because one size doesn’t fit all. You first have to shop around, visit and finally make an offer. The quest to find the perfect condo is often exciting at first but can quickly become … Read More
The eldorado of the condo is over in Montreal, better management to improve the bottom line
One must observe downtown Montreal to understand that the condo market is in transformation. As the resale prices of units stagnates, the number of available units increases even more. In the Ville-Marie borough of Montreal for example, on René-Lévesque Boulevard, between Saint-Marc and Stanley … Read More
Insurers increasingly turning away from the condo sector
Hi everyone, Aviva Insurance Company of Canada has stopped taking on new business from condominium corporations in Quebec. Other insurance companies are now being more restrictive about which condo corporations they will service. The cost of coverage is rising. This is becoming a big … Read More