CCI Huronia Blog

July 5, 2023 - Blog Post Tag(s): CCI Huronia || Condo Reserve Funds || Condominium Act || condominium budget || duties of condominium corporations || Reserve Fund
Author: Jon Juffs, McIntosh Perry

Differences Between High-Rise and Townhouse Reserve Fund Studies in Ontario

In Ontario, all condominium corporations are required to have a reserve fund, study, and plan.

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November 14, 2022 - Blog Post Tag(s): CCI Huronia || Communication with Condo Owners || condo corporation policies || Condo Education || condominium budget || duties of condominium corporations || Financial Planning || Reserve Fund
Author: Ryan Griffiths, CWB Maxium

Borrowing

Borrowing is becoming more common for condominium corporations.

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November 14, 2022 - Blog Post Tag(s): Cash Flow Issues || CCI Huronia || condo corporation policies || Condo Education || condominium budget || duties of condominium corporations || Financial Planning || Reserve Fund
Author: Robert Weinberg, Percel Inc.

Condo Corporations and Borrowing Money

Why does it make sense for a condominium corporation to borrow money? There are many reasons, and a lot of it depends on the type of condominium you are and situation you are in.

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October 31, 2022 - Blog Post Tag(s): adapting to change || be prepared || Cash Flow Issues || CCI Huronia || common elements || condo corporation policies || Condo Education || Condominium Act || condominium budget || Condominium Education || condominium owners || duties of condominium corporations || Excellence in Condominium Management || Reserve Fund || Special Assessments
Author: Patricia Elia, Elia Associates PC

Legal Impacts of Special Assessments

Special assessments, to be honest, can be scary. Why? Because it is a demand for cash that is not expected because it is over and above the budget requirements for cash.

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February 24, 2022 - Blog Post Tag(s): be prepared || Condo Education || condo repairs || condominium budget || Reserve Fund
Author: Jon Juffs, McIntosh Perry

Funds, Studies, and Plans – Oh My!

These are the fundamentals of common element replacement and major repairs – funds, studies, and plans.

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