2009 Oct
Focus on... Board Operations

Board Operations Pressure & Perks
2009 Oct Pressure & Perks

 The drawbacks of serving on a board are well known. For one thing, it’s a lot of work. Hours of work, of poring over spreadsheets, of talking to  property managers and vendors and residents and tenants when you could be  watching the big …

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Board Operations Rental Remedies
2009 Oct Rental Remedies

Chris D’Errico has handled about 1,000 residential rentals in the Boston area since  2003. These days, more and more of his calls are from condominium owners.  Unable to find buyers for their homes, they’re turning to renting them. “It’s up…

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Board Operations What Makes Them Tick?
2009 Oct What Makes Them Tick?

 Since the board of a community association is usually composed of a collective group of unique individuals with their own  perspective and opinions, no two boards are ever the same. However, there are  certain overall, universal qualities…

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Finance Financial Issues
2009 Oct Financial Issues

New lending guidelines from HUD mean that FHA loan requirements will be significantly tightened for condominium sales. The new requirements could have a profoundly negative effect on the ability to sell or buy a condominium unit that…

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Board Operations Legal Briefs
2009 Oct Legal Briefs

 Although there seems to be no shortage of talking heads touting the beginning of  the end of the economic decline, associations (like the average consumer) are still struggling to do more with less.    It just so happens that servi…

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Board Operations Q&A: Motorcycles Not Welcome
2009 Oct Q&A: Motorcycles Not Welcome

Q I live in a medium-sized HOA in Connecticut and we have a long-standing dispute in our community which I am hoping you can help resolve. First, our documents define the “condominium” as being composed of “the buildings, grounds …

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