CitySearch Journal

Property Management Blog

Wear and Tear vs. Damage

Wear and tear is different than tenant caused damage, and due to the subjectivity of wear and tear, conflict will often occur when determining the difference between the two. Let’s start by breaking them down:“Normal” or “Reasonable wear and tear” ca...
Property Management Blog

The 30-Year Mortgage: A Brief Overview

The following is a brief overview of the 30-year mortgage.  Firstly, mortgages with amortization periods great than 25 years are not new in Canada, but the trend is on the upswing.Are 30-year the new 25-year amortization period for Canadian mortgages?The answer is no at...
Property Management Blog

Winter Prep: The Apartment Version

You might think that, because you live in an apartment, you are free of any of that winterizing prep that would be involved, in say, a single-family home, when in fact, there are a number of things to do, and to be mindful of. We’ve been spoiled so far, but inevitably, wint...
Property Management Blog

WINTERIZATION OF TOWNHOMES

To assist you with preparing for cold weather and to prevent frozen pipes, we have prepared the following preventative maintenance checklist.  Firstly, we suggest all important lines and valves are tagged, and having your furnace serviced annually.1. Know where the main wate...
Property Management Blog

There’s a mouse in my house!

Mice. Cute in cartoons, not so cute when you find you’ve got new roommates that leave behind a mess and have no intention of ever paying rent. I used to naively believe mice were strictly a country living or hoarder’s issue, until one Fall day when I noticed two tellt...
Property Management Blog

CONDOCLASS - Slowing the Spread of COVID-19 in Condominiums

Condo Boards and property managers of apartment style condominiums play a significant role in protecting residents and building staff, ensuring the continuity of operations during emergencies like the COVID-19 outbreak. We address some of the key measures that can be taken to hel...
Property Management Blog

Packages heading your way in a condominum

I am writing about one of my favorite subjects…. On-line shopping.  I have been an internet shopper for decades well before it was common place.  Although I also like supporting local businesses, I enjoying shopping at my leisure no matter what time of ...
Property Management Blog

What is RECA in Real Estate & Why is it Important?

RECA stands for the Real Estate Council of Alberta and it regulates real estate industry professionals in Alberta.  This is the regulatory body established by the government of Alberta that oversees the activities of real estate professionals and brokerages in the provi...