Neighborhoods New Bedford, Massachusetts
2012 July New Bedford, Massachusetts

 When you think of New Bedford, Massachusetts, several things come immediately to  mind—commercial fisheries, factory outlet stores, textile mills, and of course,  whaling.    Located in Bristol County, 51 miles south of Boston, and…

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Maintenance Caulk it Up
2012 July Caulk it Up

 As summer thunderstorms buffet condo properties throughout New England,  less-than weather-tight windows, doors, and roofs may begin to make themselves  known. And though condo boards never enjoy addressing the perennial problem of  weath…

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Real Estate Trends Amazing Amenities
2012 July Amazing Amenities

 While a pool and a clubhouse used to be the hallmark of luxury condo living, the  whole concept of upscale condo amenities has exploded in recent years with the  construction of condo units tied to high-end hotels. This has added perks  r…

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Board Operations All For One
2012 July All For One

 It can be easy for seasoned, veteran board members to recall both the excitement  and challenge of being elected to the post. For many, the first weeks and  months are a daunting experience requiring a learning curve that is not always  e…

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Finance Understanding Your Association's Finances
2012 July Understanding Your Association's Finances

 Budgets and financial reports provide a crystal-clear picture of how the  association is doing. From an investment perspective, they show how unit  owners, managers, tenants, building owners, board of trustees, etc., whether  the property…

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Finance Pay Up!
2012 July Pay Up!

 During the tough economic environment of the past few years, many condo owners  have faced job losses, pay decreases or just financial uncertainty.  Unfortunately, this sometimes leads to owners not paying their common charges.    …

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Finance Putting It in Perspective
2012 July Putting It in Perspective

 Looking at the balance in an association’s reserve account, a homeowner could easily feel complacent. After all, a  quarter-million dollars is a lot of money.    Maybe—or maybe not. If the condominium comprises 200 units, is nearin…

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Q&A: Amending Our Bylaws and Board
2012 June Q&A: Amending Our Bylaws and Board

Q Our board used to be nine members in the beginning but we made an amendment to reduce the size to seven members. Now we want to increase it to nine again because seven is not enough. Do we have to make another amendment? —A…

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Q&A: Eligible Board and Voting Rights
2012 June Q&A: Eligible Board and Voting Rights

Q My question is about being elected to the board of a condo association in  Quincy, MA. We have a building management company hired by our board. Can the  management company executive be elected to the board? And does this executive  hav…

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Real Estate Trends Something Old into Something New...
2012 June Something Old into Something New...

 The U.S. Environmental Protection Agency (EPA) estimates that 136 million tons  of construction and demolition waste was generated in 1996. That's the last  time these figures were made available, and the numbers have almost certainly  ri…

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