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Is now the time to buy a condo in Toronto?

Condo Control

Keep in mind that older buildings will generally require more maintenance work than new builds. And ensure you are comfortable with the building’s financial information. Watch out for recurring special assessments or suspiciously low condo fees. Ask about less traditional amenities such as parcel lockers or resident portals.

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How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

This blog post provides a detailed yet accessible analysis of SB-721's immediate and long-term effects on landlords and property managers in California. Litigation Risks: Non-compliance with SB-721 can lead to legal consequences, making strict adherence essential.

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7 common reasons why HOAs get sued

Condo Control

Some HOAs hand off those types of maintenance responsibilities to owners, but thats not always the case. Some types of litigation may be covered. Stay on top of routine maintenance The HOA is legally responsible for maintaining common areas. Schedule preventive maintenance ahead of time to reduce the likelihood of accidents.

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Understanding ADR for community associations

Condo Control

Pros of mediation Typically costs less than litigation and arbitration Doesnt bind participants to a specific outcome Is often less cumbersome than having a case argued in court Arbitration Arbitration is more formal than mediation. When to try ADR ADR is often viewed as a preferable option to litigation.