Normac
308-788 Beatty Street V6B 2M1 Vancouver, BC, Canada

When more than one condominium corporation share assets, the different condominiums need to get along with one another. This can prove to be quite a challenge. The recent amendments to the Ontario Condo Act are meant to provide clarity for these shared assets. Read about the new changes in our latest blog post: https://normac.ca/shared-facilities-agreements-ontario/

With an insurance appraisal, the value of a property is defined as its full replacement cost, known to appraisers and brokers as the Total Insurable Value (TIV). But what exactly is TIV and what goes into estimating it? Read more on our latest blog post: https://normac.ca/understanding-total-insurable-value/

To help you get comfortable with an electronic AGM/SGM format, PAMA - Professional Association of Managing Agents is hosting a MOCK virtual general meeting on Wednesday, January 13. Get acquainted with Zoom and all its important functions, including breakout rooms, polls, and how to manage the chat function. This meeting will highlight aspects of the required/recommended items to be included/excluded in the Notice, how to handle registrations of owners, proxy votes, election of strata council, etc. Secure your spot today: https://www.pama.ca//PAMA_Events/PAMA%20Event_Display.aspx

Happy holidays from all of us at Normac! While this year has been unusual, we sincerely thank all of our clients and partners for your trust in Normac. We look forward to working with you in 2021 and in the years to come! Head on over to our blog to read some of our highlights from this year: https://normac.ca/2020-year-in-review/

Beginning January 1, 2021, the Ontario Condominium Act will require condominium developers to provide potential purchasers of pre-construction and newly-built condominium units with a Condominium Guide. Access the guide at: https://www.condoauthorityontario.ca/re/condo-buyers-guide/

In the case of a disaster, be confident that your assets are protected with an insurance appraisal from Normac. Hit play and learn what sets us apart from the competition.

This past September, Normac was pleased to support Community Associations Institute - Canada's panel session, "The Condo Insurance Crisis: Where do we go from here?". As condo insurance premiums continue to rise across Canada, it can be hard to know how to respond, and provincial responses will vary. This article by CAI Canada is a great resource, summarizing key provincial perspectives on coping with a challenging market. The bottom line is: get a current replacement cost appraisal regularly, maintain your building, and use your insurance for emergencies and accidents, not maintenance. If you haven't already, make sure to bookmark this article for future reference!

We are searching for an experienced Automation Developer to play a key role in our next stage of growth. Our ideal candidate will have knowledge of Zoho CRM and connecting CRM with automation, as well as cloud experience. This is a 6-month contract position working remotely on a project base. View the job description and apply today through Bamboo HR: https://normac.bamboohr.com/jobs/view.php?id=46

Today, we remember and are supporting our country's Veterans and their families. You can too by making a donation to the The Royal Canadian Legion's Poppy Trust Fund. The Fund directly supports Canada’s Veterans and provides services that advocates for Veteran's mental health and well being, offers financial assistance to Veterans and their families, and identifies and support Veterans in need. Donate here: https://legion.ca/donations #lestweforget

Amidst the COVID-19 pandemic, even the experts could not have predicted the strength of the Canadian real estate market of which includes record high prices and fierce bidding wars all in the face of double-digit unemployment across the country. In our latest blog post, we've addressed the pros and cons of this emerging trend on the Canadian condo market. http://ow.ly/pLri50CdExk

We’re HIRING for a Business Development & Digital Marketing Associate at Normac. We offer competitive packages, flexible schedules, and an overall rad team and work environment. If you are looking for a new challenge with diverse work, apply to work for Normac today. To view the full job description and apply: https://lnkd.in/guWuYFU

Normac was a proud sponsor of the MRCM x Associa Virtual No Swing Golf Tournament last Friday. The event was able to raise over $45,000 for victims of natural & man-made disasters. As an added bonus, Normac won best submission for "Best DIY Golf Course" with this hole in one video: https://youtu.be/Yf4F5ZaDRBo