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. Companies have already built AI assistants designed specifically for real estate and property management companies.

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Condo Control

JANUARY 8, 2025

Would you consider your condominium to be bike friendly? of bike amenity space into their new condominium. These rules are usually created because there is concern the bikes will accidentally damage common property. If youre not a cyclist, you may have not given this question much thought before.

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Condo Control

NOVEMBER 21, 2024

Amendments were made in 2024, requiring condominiums with 25 or more units to have a website. HB 1203 makes it clear that HOAs need a website, just like condominium communities. Mandatory reserve fund requirements This news should not come as a surprise to any Florida condominium community. Recent U.S.

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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.

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Condo Control

APRIL 2, 2025

Download our free email policy In order to ensure email correspondence remains productive and useful, condominiums and HOAs should have an email or electronic communications policy in place. Table of contents The purpose of an email policy What does an email policy cover?

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Condo Control

NOVEMBER 7, 2024

Download our free chargeback letter template Chargebacks are one way residential communities can preserve peace and property values. 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. 133 of the Strata Property Act. What are chargebacks?

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Condo Control

MAY 7, 2025

Condominiums are sometimes praised for their inventive designs. However, structural integrity, an equally attractive trait, probably doesnt get enough attention from condominium communities. If this happens, the entire condominium could be at risk of collapsing. What does the inspection cover?

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Condo Control

NOVEMBER 11, 2024

Motivated by the Surfside condo collapse, lawmakers don’t ever want to see another community in the same position as the Miami condominium ended up in. Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

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Mashvisor

JUNE 6, 2021

Investing in rental property is one of the best strategies for generating passive income and building wealth. You can invest in a wide range of properties including condos, single family…

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Condo Control

MARCH 19, 2025

Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. Finally, 1 year after completing the 4-hour course, and each year thereafter, the director must complete at least 1 hour of continued education about recent changes to the condominium laws and rules during the past year.

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Condo Control

MARCH 6, 2025

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. This allows management to take immediate action and reduce the risk of damage to the system or property. Some property managers are even using AI to set competitive rental prices.

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Mem Property Management

OCTOBER 13, 2024

mem property management has announced its support of the New Jersey chapter Community Associations Institute (CAI-NJ) Annual Conference & Expo. ” About mem property management mem property management is a privately held NJ property management company that was founded in 1984, by Martin H. .”

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Condo Control

DECEMBER 6, 2024

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? This survey is completed every other year.

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Condo Control

JUNE 19, 2025

While that seems relatively long, consider this: it can cost $200,000 to $300,000 to replace a single elevator cab in a condominium! Instead of paying a premium to replace an entire cab or initiate emergency repairs, your condominium can budget accordingly and spend less on small repairs and adjustments.

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Mem Property Management

OCTOBER 19, 2024

What Do Senior’s Want in an Condominium? #1: Homes with long driveways or multi-level entrances can be difficult for older adults to traverse, states Matthew Laderman, Vice President of mem property management To increase the appeal of your property for Active Adults Offer parking as close to the entrance as possible. . #4:

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Condo Control

APRIL 29, 2025

Are members with criminal records eligible to be board members in a condominium or HOA? Ontario Section 29(1)(f) of the Condominium Act, 1998 , requires candidates running for election to the board of directors to make certain disclosures to the corporation before election or appointment. Florida is very clear on the matter.

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Condo Control

JANUARY 13, 2025

Condo Control has been recognized as a Property Management Software Leader. 435 software companies were competing to earn a leader award in the property management category, and we were 1 of only 15 who were selected. On average, property management software companies get a score of 87% for ease of setup.

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Mem Property Management

JANUARY 12, 2025

Laderman President of mem property management. Buy Your Policy from an HOA Insurance Expert The first thing to understand is that your HOA Master Insurance Policy should be written by an agent that has expertise in HOA insurance, states mem property management.

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Authority Property Management

JULY 26, 2024

While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. In this blog post, we will delve into the details of Proposition 33 , how it could affect the real estate market, and why those involved in property management should consider voting no.

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Condo Control

JANUARY 20, 2025

But January can be a heavy month too, especially if you help manage a large condominium or HOA community. Creating a formal leasing process allows the condominium or HOA to determine who has the right to use a boat rack or storage locker. A new year presents opportunities for fresh starts and exciting goals.

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Mashvisor

NOVEMBER 29, 2021

Condominiums are great investments for a variety of reasons. If you are searching for a family home, a condo is an affordable single-family home that is great as a homeowner’s…

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Mashvisor

MAY 27, 2022

If you have never purchased a condo (also known as a condominium), you may be shocked at the many factors to consider. Table of contents What Is a Condo? How…

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Condo Control

APRIL 9, 2025

So, in one way or another, finances are putting a strain on condominiums and HOAs. Additional challenges Property managers identified a few other issues that could impact the viability of community associations in the future. 25% say lack of finances is a top concern. Its not an easy goal to achieve, but it can be done.

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Property Management Inc.

NOVEMBER 26, 2024

This is because the HOA or condominium’s master policy won’t cover everything. However, it won’t cover personal belongings or a detached home’s property. In a condominium, the master policy will vary. Remember to consider the value of your personal property to determine how much coverage you require.

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Mashvisor

JUNE 15, 2022

Though condominiums may seem quite similar to traditional houses, there are actually plenty of differences to be aware of. So, what is a condo? Table of Contents What Is a…

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Condo Control

MARCH 24, 2025

Traditional guest pass management can be complicated and ineffective It is precisely because of scenarios like the one described above that drive condominiums and HOAs to implement guest pass systems for pool access.

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Mem Property Management

JANUARY 6, 2025

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. In the winter, that includes the risk of water damage and frozen pipes on the property. This includes any personal property damaged in the process.

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Nest DC

JUNE 22, 2023

After single-family row homes and townhouses, condominiums (condos) and cooperatives (co-ops) are two popular housing types in Washington, DC, for potential buyers. In this blog, we will delve into the nuances of co-ops and condos, highlighting their ownership structures, financing considerations, and community dynamics.

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Florida Property Management

DECEMBER 16, 2023

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

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Florida Property Management

JUNE 27, 2024

This blog delves into the many benefits of real estate investment, with a particular emphasis on residential real estate and, more specifically, single-family rentals (SFRs). Well-chosen properties in desirable locations can provide consistent cash flow, often exceeding initial investment expectations.

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Mem Property Management

AUGUST 5, 2024

mem property management , recently filed with the United States Patent and Trademark Office (USPTO) a Combined Declaration of Use and Incontestability Under Sections 8 and 15 to further strengthen the company’s intellectual property rights. “We

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Mashvisor

DECEMBER 16, 2021

If you’re thinking about becoming a real estate investor, there are many different types of housing, including detached condominiums. However, if you want to maximize your return on investment, you…

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Mem Property Management

SEPTEMBER 4, 2024

The documents below the line are more fluid and can clarify the property restrictions in the documents above them, but cannot contradict documents higher in the hierarchy. Do you have a basic, broad, or special form property policy (sometimes referred to as “all risk” coverage or “named peril” coverage), and what does that even mean?

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Condo Control

FEBRUARY 13, 2025

Why we like this website The website highlights the propertys unique asset of the full ocean view. The font is clean and simple and aerial images of the property provide an excellent understanding of its flow. In addition to a view of the expansive blue ocean, residents enjoy an ocean front pool, spa and clubhouse.

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