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Emerald Management and Realty Ltd.'s Blog

Founded in 1972, Emerald Management and Realty Ltd. has offered services in the greater Calgary real estate market for more than 35 years.

Category Archives: Emerald Management and Realty

Emerald Management & Realty Ltd., provides property management and rental services for Calgary houses, apartments and properties in Alberta, Canada. Dedicated to working closely with property owners and fulfilling their obligations while monitoring renter expectations, Emerald Management & Realty Ltd., also encourages tenants to acquire tenants’ insurance. While landlord insurance policies may cover some expenses, tenants’ insurance remains important for a number of reasons. Currently, the Residential Tenancy Act in Alberta does not require that a tenant have insurance and while Emerald Management & Realty Ltd. can not guarantee what a tenant will or will not do, tenant insurance is still great peace of mind for tenants for some of the following reasons:

1. Protect personal belongings. Typically, landlord insurance coverages protects the property and landlord against structural damage and personal liability in the event an individual sustains an injury while on the property. However, these policies do not protect tenants’ personal possessions against theft or accidents such as fire or flooding.

2. Avoid replacement costs. Expenses for uninsured possessions that require replacement fall solely on the tenant. Even small and inexpensive items can add up depending upon the extent of the damage or possessions lost, especially if credit is owed on lost items. Since tenants’ insurance is relatively low-cost, it can save tenants a considerable amount on possession replacement costs.

3. Secure displacement protection. In the event that your unit or dwelling becomes uninhabitable due to fire or other extensive damages, landlords are not required to pay for expenses involved in finding temporary housing. Individuals with tenants’ insurance may have these expenses covered for them by the insurance provider, including moving costs.

The above are just a few examples of the benefits of tenant rental insurance. Again for peace of mind for the tenant – the cost is nominal and well worth serious consideration.

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The following tips cover preventative actions against a common problem – water leaks:

1. Inspect sink pipes and toilet water lines regularly.
Examine the pipes under kitchen and bathroom sinks for signs of deterioration and loose fittings. Kitchen sinks in particular often undergo heavy use due to cooking, washing dishes or hands, or making ice. In addition, slow-moving drains may indicate pipes require servicing. Toilet supply lines are another common water leak culprit and should be checked.

2. Watch for staining and soft spots in bathrooms.
Bathrooms are at higher risk for water leakage, particularly around showers and toilets. Staining or soft spots around walls and floors are primary signs of potential leakage that is hidden and taking place behind the walls or under the floors.

3. Check washing machine hoses regularly.
Look for signs of cracking, fraying, or leaking. Replace hoses every five years or sooner as-needed. Perform examinations at least once a year.

4. Pay attention to your water bills.
Review your water bills each month for unexplained spikes and increases in usage. If you cannot make a reasonable connection between the increased bill and your water usage that month, you may have a leak and should investigate further.

5. Periodically examine refrigerators and dishwashers.
Leaks from refrigerators and dishwashers are not always immediately noticeable and may go undetected for years. Periodically check under appliances for discoloration, and clean the area behind refrigerators at least once a year.

6. Create emergency guidelines.
Leaks cannot always be prevented, so it can help to establish guidelines on how to handle leaks ahead of time. Know where the shut of valves are for all areas of your home and have your emergency contact list for City services and preferred maintenance trades handy.

To address these types of situations and disasters for the properties under management, Emerald Management & Realty Ltd. has extended office hours with service 7 days a week and emergency support 24 hours a day.

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Emerald Management & Realty Ltd. oversees properties in Calgary and surrounding areas in Alberta. In addition to working with property owners, Emerald Management & Realty Ltd. assists with the leasing to assist prospective tenants to get them set up in a new rental situation.

One important part of getting an apartment is purchasing tenant’s insurance. While some people may be hesitant to purchase this type of insurance, thinking that they don’t need it or it won’t benefit them, there are several key reasons why this tenant’s insurance is important. For example, if a fire breaks out and destroys the tenant’s possessions, the tenant will not have financial help replacing those possessions if he or she does not have tenant’s insurance. This is because the landlord’s policy does not cover the tenant’s personal property.

Additionally, if a tenant accidentally damages the building, he or she may be held accountable for the amount of the repairs, whether those repairs are for the unit he or she lives in or for other areas of the building, such as neighboring apartments, that were affected. In addition, if other tenants have their property damaged due to such an event, the tenant who caused the event would be the one held personally responsible for replacing the damaged possessions. Therefore, for financial protection and to meet the obligations of their lease agreement, getting tenant’s insurance is a good idea and a small price for peace of mind.

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Based in Alberta, Canada, Emerald Management & Realty Ltd. is a property management company that aims to provide top-quality service to both property owners and residents. Emerald Management & Realty Ltd. manages residential units, including houses, apartments and condominiums, that are often considered small spaces. Residents who dwell in small spaces can follow decorating experts’ tips to make the most of their living environments.

In long, narrow living areas, experts recommend using small furniture to break the room up into separate seating areas. Mirrors positioned at each end of the room can help the space appear larger. Seeking out furniture that can serve more than one purpose also is beneficial in small spaces. Soft, light colors and minimal artwork can create a feeling of openness in a small home.

Decorating experts note that simplicity is a good principle to follow when decorating small spaces. A single, large statement piece in a small room can have a dramatic impact and create the illusion of a bigger room.

For more “small spaces” decorating tips have a look at the Pinterest Boards shared by Emerald Management & Realty Ltd.: https://www.pinterest.com/emeraldmanageme/

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Emerald Management & Realty Ltd. provides quality rental properties in the Calgary, Alberta, area. In addition, Emerald Management & Realty Ltd. offers full-service property management services for multiple property types, including condominiums. The company also makes clients aware of the value of a strong board of directors in condominium communities.

For condominium communities, a board of directors is a governing body elected by condo owners. The board has responsibility for running the corporation and managing the property, which they may outsource to professional property managers. Proactive boards arrange for routine inspections and set priorities for repairs and improvements. In addition, the board addresses issues that arise within the community, such as building damage or disruptive residents.

In condominium communities, owners pay an annual fee to fund repairs and other necessities. Establishing an annual budget, setting the yearly fee, and handling the condo association’s financial resources are other focus areas for the board.

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Calgary-based Emerald Management & Realty, Ltd., provides a selection of rental properties in the city and surrounding areas. Emerald Management & Realty, Ltd., manages multiple types of residential properties, including single-family homes, apartments, and condominiums, along with commercial properties. Because many of the company’s properties are located in urban settings, its clients may have to adapt their landscaping projects to small spaces.

Single-family homes in urban settings often feature small yards, but landscaping experts note these small spaces can make a big impact. Since a front yard is a home’s showcase to the neighborhood, residents can select complementary plants and other elements to reflect their personal style while complementing the home’s architecture. Proportion is key to creating the best look in a small, urban yard. Residents may want to avoid trees or plants that are too tall, as these can overwhelm or obscure the home. Brightly colored flowers can be an eye-catching alternative to traditional shrubs or hedges and help define spaces or borders in a small yard.

In small spaces, residents may opt for stone courtyards or walkways, boarded by flowerbeds. Alternatively, residents can use attractive gravel or pebbles to cover yards. With these approaches, residents can avoid grass maintenance chores and enjoy a beautiful yard that is perfect for urban settings.

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Located in Calgary, Alberta, Canada, Emerald Management & Realty Ltd. strives for excellence in its property management functions. Among the services Emerald Management & Realty Ltd. performs is overseeing the running administration of condominium properties.

Professional management offers many advantages to condominium boards, owners and residents. Running a condominium is a large task that can be substantially simplified with the assistance of an experienced management company. Instead of the condominium corporation having to hire individual contractors or find volunteers to perform tasks, processes that are often difficult and result in delays in service, a management company can handle all or some aspects of the condominium’s operations, depending on the corporation’s or owners’ needs.

For example, the company can handle financial activities, which can include keeping careful records of the property’s expenses and handling the collection of monthly contributions and fees. The company can also work with the board to put together a budget designed to help keep the condominium running smoothly. Additionally, the management company can supervise repair work and maintenance, negotiate utilities contracts, and make necessary purchases. All of these activities help ensure that residents and owners are satisfied with how the condominium is run and its long-term outlook as an investment and place to live.

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