Tag: Condominium

Board Operations Who’s Responsible for Repairs?
2014 August Who’s Responsible for Repairs?

Say you’re in bed, and you hear what sounds like the shower going. It’s late, and you’re tired, so you pay it no mind. You wake up at 4 a.m. to get a glass of water and find half the rooms in your apartment flooded— you forgot to turn the …

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Q&A Q&A: To Assess or Not?
2014 August Q&A: To Assess or Not?

Q I’m currently trying to get information on or determine what specifically a board cannot assess owners for. Our bylaws are extremely clear on what we can assess for—largely major improvements for the building. However, what can’t or sho…

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Finance Budget Basics
2014 July Budget Basics

Preparing the annual budget is by no means an easy task. Those charged with preparing condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year. At some point, board of trustee m…

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Law & Legislation Avoiding Legal Blunders
2014 June Avoiding Legal Blunders

You’ve just been elected to your condo board of trustees. On the one hand, you’re honored. A few neighbors have offered a congratulatory handshake, and now you’re in the mood to pop the bubbly. On the other, there’s a sense of hesitation. …

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Board Operations The Insurance Information Institute
2014 June The Insurance Information Institute

It goes without saying that individuals and associations alike need to be properly covered by insurance; that’s just common sense. But the wide variety of choices can make obtaining that coverage a daunting process. To help boards and HOAs…

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Q&A Q&A: Where There’s Smoke … There’s Fire?
2014 June Q&A: Where There’s Smoke … There’s Fire?

Where There’s Smoke … There’s Fire? Q I live above a daily cigar smoker, and particularly in the warmer months I like to leave my windows and balcony door open. I’ve complained several times to the board and management that the smok…

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Community Building From Sand Lots to Play Dates
2014 May From Sand Lots to Play Dates

For condominium communities with families, an outdoor area that includes a playground with swings, slides and other features can be a major amenity. Many parents have fond memories of their own childhoods, with hours spent testing physical…

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Board Operations Meeting Minders
2014 May Meeting Minders

You may love your condo community. You may even love your neighbors and the members of your board of trustees. But there are few people who can say that they love their monthly board meetings or annual condo owner meetings. That’s because …

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Law & Legislation Converting Your Rental Income Property
2014 May Converting Your Rental Income Property

A new generation of young professionals is looking for a means to enter the housing market. Condominiums are an attractive price point and form of ownership for such new generation. To meet this demand, owners of rental housing are, in inc…

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