Self-Manage or Contract with a Management Company?
Roberto Noce offered an answer to this question in a recent (2022 10 05) Calgary Herald article: https://calgaryherald.com/life/homes/condos/can-self-management-help-a-condo-board-climb-out-of-a-financial-hole. Coincidentally, the COF Newsletter announced the Condominium Manager Guideline https://cofsab.us12.list-manage.com/track/click?u=55e427d7a8ce58320ee845868&id=87b4d5adf4&e=09baf35e27
These two documents may help condominium corporations reach the right decision for them. Noce’s article doesn’t mention the need for board members (and owners) to educate themselves, using the available resources – see the ‘Resources’ tab on this website. It surprises many new owners to realise that they are essentially shareholders in a corporation, with the attendant responsibilities (as well as rights).
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