Tighter lending requirements for Federal Housing Administration (FHA)-backed mortgages for condos have put financial and administrative pressure on condos around New England at a time when many are ill prepared for any new challenges. …
Tag: Stephen Marcus
Usually, life in a condo goes on uneventfully on a day-to-day basis, with routine maintenance, elections, gardening, move-ins, move-outs and the like taking up most of its attention. Every once in a while, however, something comes up t…
In today’s high-tech world, security can look a lot like a sci-fi movie. Golf carts can be equipped with laser systems that will read license plates and check them against a computer list of approved vehicles. Elevators will only travel…
Lawsuits are an unfortunate, and expensive, fact of life. It’s been that way ever since the first civil courts in ancient Sumeria, and will be that way as long as there are two parties to dispute something. Chances are, if you live long …
"Where's my concierge?" "What's that dog doing here?" "Why hasn't that valet shown up with my car yet?...it's been almost 10 minutes." Developers who built some of the region's most expensive condominium properties in recent years are st…
Let your imagination run a little wild. The kids are creating a nuisance at the condo pool this summer, so wouldn't it be popular to create an adults-only swim time? Or better yet, why not pass a new rule banning teenagers from skate…
The management contract defines the relationship between the condominium and management company, but the document's provisions frequently receive only cursory review or discussion by the condominium board. If troubles crop up down th…