Understanding Roles and Responsibilities in a Condo Community For a community to thrive, it is important for everyone (owners, tenants, board members, and management) to understand their roles and responsibilities. When a unit owner rents out their property, they take on the role of a landlord. However, the landlord/tenant relationship is different in a condominium […]
Category: Client Education
Property Management Fees for Investors
To make investing in real estate profitable, understanding property management fees for investors is key. Real estate investment, including renting out a condo unit, comes with many responsibilities and even legal requirements. For many investors, entrusting a property management company with daily operations of rental properties makes sense. Understanding the Basics of Property Management Fees […]
Leveraging Smart Technology in Property Management
Smart technology is becoming more and more common in many industries, including property management. Leveraging smart technology can streamline processes, better resident experience, and ultimately improve your overall efficiency. Here are some ways to make use of smart technology in property management: Use Smart Locks and Access Control Systems A popular smart technology in property […]
Balancing Heritage Conservation and Modern Property Management
Balancing Heritage Conservation and Modern Property Management Managing heritage properties is a unique challenge that mixes historical importance with the practicalities of modern property management. At Larlyn Property Management, we understand that maintaining the balance between preserving the legacy of a heritage property and meeting modern standards can be difficult. Here’s how to balance modern […]
Emergency Preparedness Plan for Condominium Communities
In a multi-residence building, a shared emergency plan is essential. A well-prepared condo community can reduce potential hazards, minimize property damage, and ensure the safety of everyone involved. Emergency preparedness not only enhances resident security but also fosters a culture of readiness and mutual support among neighbors. Key Steps for an Emergency Preparedness Conduct a […]
How to Register Liens for Unpaid Condo Fees in Alberta
Part of managing a condominium community is ensuring that all owners contribute fairly to shared expenses. However, when owners fail to pay their condo fees, the condominium corporation can face financial challenges. In Alberta, registering a lien for unpaid condo fees is crucial to protect the corporation’s financial interests and maintain the property. What is […]
Sustainable Practices Every Property Manager Should Implement
In today’s world, where environmental awareness is increasingly important, property managers have a unique opportunity to promote sustainability in their properties and communities. Sustainable property management benefits the planet and improves property value, resident satisfaction, and operational efficiency. Integrating eco-friendly practices helps create a greener future while saving money and attracting eco-conscious tenants. Here are […]
Managing Noise Complaints in Condominiums
Managing noise complaints is a critical aspect of property management. It impacts the quality of life for residents and the reputation of the property. It is important for condo managers to understand noise complaint laws to maintain harmonious living environments. Whether it is figuring out how loud is too loud or helping neighbors get along, […]
Understanding Ontario’s Rental Housing Enforcement Unit: A Guide for Property Managers
As a property manager in Ontario, it’s important to maintain a smooth and legal relationship with your tenants. But what happens when issues come up? This is where the Rental Housing Enforcement Unit (RHEU) comes in to help. What is the RHEU and What Does it Do The RHEU is a branch of the Ontario […]
Navigating the Condominium Act of Ontario: What Property Managers Need to Know
To successfully manage a condominium in Ontario, it is important to have a thorough understanding of the Condominium Act. This legislation lays the foundation for efficient administration of condominiums and ensures that property managers comply with legal requirements. Therefore, it is essential for the property managers you hire to know what the Condominium Act entails, […]