CCI Huronia Blog

November 23, 2022 - Blog Post Tag(s): adapting to change || be prepared || Borrowing Bylaw || Cash Flow Issues || CCI Huronia || condo corporation policies || condo owners meetings || Condominium Act || E-voting Platforms || Electronic Meetings || Financial Planning || Voting on Bylaws
Author: Chris Jaglowitz, Common Ground Condo Law

Condo Bylaws on Borrowing

Condo boards often ask if their corporation's original borrowing bylaw (the one passed while under developer control) is sufficient to authorize major borrowings many years later. It is not.

Read More

November 23, 2022 - Blog Post Tag(s): adapting to change || be prepared || Cash Flow Issues || CCI Huronia || common elements || Communication with Condo Owners || condo corporation policies || Condo Education || Condo Fee Increases || Condo Reserve Funds || condominium budget || condominium communities || Condominium Education || Eliminating the fear of condo expense fees || Financial Planning
Author: Jon Juffs, McIntosh Perry

Condominium Operations

When it comes to condominium operations, there really are two financial areas to know about – and the more you know about them the less you will fear the changes that inevitably arise with them.

Read More

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.

Read More

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.

Read More