Canada's Condominium Magazine

Urban Living

Features on the downtown scene, events and urban living.

When the unlikely and unimaginable happens: tips for how to safely escape high rises when disaster strikes

When the unlikely and unimaginable happens: tips for how to safely escape high rises when disaster strikes

Let’s face it, even though high-rise condominiums are built to the highest standard of safety, with built in systems that would put a luxury house to shame, the regular fire drills make us nervous. Statistically, you rarely hear of an actual “emergency” in a condominium high-rise. Also, emergency response teams are well-trained and equipped for… Continue Reading

Lack of insurance a higher risk to condos than debt load; many condo owners carry no insurance; 53 percent of condo renters do not.

Lack of insurance a higher risk to condos than debt load; many condo owners carry no insurance; 53 percent of condo renters do not.

As housing prices have increased, so too, have insurance costs, making it tempting to “go without.”  Increasingly, this means homeowners are “going without” — a dangerous proposition. Even more tenants of condos are going without — over half, according to Substance Strategis survey. [3] Some financial analysts rank lack of insurance as a bigger risk… Continue Reading

SHARE WITH US

Subscribe to condo.ca

@ 2017 condo.ca  |  Designed by Persona Corp