Tag Archives: condo calgary

What do you know about Condo Reserve Funds?

If you live in a condo, or are thinking about moving into one, you’ve probably heard about Condo Reserve Funds before. The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation. ┬áIt is helpful […]

Leave a comment Continue Reading →

What is a ‘micro loft’?

A new report released by Genworth Canada, is reporting that increasing numbers of first-time homebuyers are choosing to buy micro lofts, a growing trend. And it’s not just for affordability, it turns out this is a desired home choice for many. If you’ve been hearing the term ‘micro loft’ lately, it’s for good reason. With […]

Leave a comment Continue Reading →

Multi-Family Recycling is now mandatory in Calgary

As of today (February 1, 2016), multi-family complexes in Calgary are required to provide on-site recycling options for residents. Multi-family complexes are defined by ‘five or more units on the same parcel of land’, ex: apartments, townhouses, condos, mobile home parks, co-operatives and housing developments on private roads. There is no one-size-fits-all solution for multi-family […]

Leave a comment Continue Reading →

Advice for Joining Condo Boards for New Buildings

With a brand new condo building, comes a brand new condo board, and the first year of a condo board is probably the most important. The way your condo is governed and run will be determined in the first year, and a lot of changes will be made so it’s a great idea to volunteer […]

Leave a comment Continue Reading →