Applicants Condominium Insurance 
American Apartment Owners Association
JANUARY 27, 2025
Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.
Condo Control
FEBRUARY 14, 2025
Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. With so many expenses, its not hard to overspend and exceed the annual budget. But this year is different.
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Condo Control
DECEMBER 9, 2024
Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.
Condo Control
NOVEMBER 7, 2024
A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? What costs can be charged back?
Condo Control
MARCH 19, 2025
Websites and records All HOAs that contain 100 parcels or more must maintain a website or application that can be downloaded through a phone, states HB 1203. Similarly, HB 1237 requires condo associations with 150 or more units (excluding timeshare units) to have a website or application that complies with specific obligations.
American Apartment Owners Association
JANUARY 27, 2025
Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.
Condo Control
APRIL 9, 2025
So, in one way or another, finances are putting a strain on condominiums and HOAs. Increased insurance premiums were by far the biggest problem. Most of the issue options presented in the survey were selected based on recent condo/HOA laws (insurance being the big outlier). 25% say lack of finances is a top concern.
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