Q. There’s clearly a huge push coming for the transition to electric vehicles, and as a condominium owner, I am wondering what we’re likely to be facing if I buy an EV and, obviously, will need access to a charging station. Our property d…
Whether your community is a condo, HOA, or co-op, if you take on the responsibility of serving on the board, you also take on a portion of collective responsibility—and with the assumption of that responsibility comes a measure of liability…
Serving on the board of directors of a condo, co-op, or HOA can be a daunting undertaking, but there are numerous resources available to get new members up to speed and to inform seasoned members of the latest products, services, laws, and …
There are plenty of reasons why many condo, co-op, and HOA residents would rather cross the street than talk about serving on their board. Maybe it’s the time demand—or maybe they have concerns about liability. Maybe it’s good old-fashioned…
The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…
Q. One owner in our condominium association constantly speeds through the complex. We have posted limits of 15 mph, but this person is consistently driving well beyond that. The board has fined him a couple of times for not abiding by th…
While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror—usually because being audited means that something has been found amiss in …
Cash flow is the lifeblood of any multifamily residential community, be it a rental building, condo, co-op, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…
According to a June 14 press release , the National Housing Conference (NHC) in partnership with the Black Homeownership Collaborative has developed a free mortgage affordability calculator to help all home-seekers - particularly those f…