A recent analysis by Realtor.com shows that in an increasingly competitive housing market, condos, co-ops, and attached townhouses offer an affordable alternative to comparable single-family homes, especially in high-density, high-cost …
With inflation at historic highs, labor and supply shortages complicating even routine projects and maintenance, and budgets tight (and getting tighter), many condo and homeowner associations are looking for ways to control costs and sti…
Q. I’ve lived in my association for a few years, and I thought I understood the condo concept, but I’m confused about this issue: I have to have my front door lock replaced, and the powers that be are telling me that once it is replaced, …
One of the unique aspects of life in an HOA, condo, or co-op is that in many ways, a building or association is a microcosm of the larger world outside it. It can suffer from the same factionalism and partisan bickering as any political ent…
Americans are a particularly litigious lot, believing as many of us do that we are endowed with the inalienable right to life, liberty…and the pursuit of recompense for any slight or wrong done to us, real or perceived. This tendency is unf…
Even though 2022 started off with a backlog of court proceedings and legislative sessions after months of COVID closures and related scheduling issues, a number of cases and bills of interest to the multifamily housing community have gone t…
For the first time in decades, serious inflation has reared its ugly head. Costs for nearly everything—including the goods and services needed to operate and maintain multifamily properties—are up an average of 10 percent. Some sectors, par…
Q. Many owners in our HOA have questions about what happens at the monthly board meetings. Our board refuses to release any meeting minutes to the owners. Also, the board has told me that they do not record in the minutes who voted for wh…
First-time buyers in condo associations, co-ops, and other multifamily residential communities are often surprised—and a bit confused—by the way their new building or HOA operates. Whether they are coming from a rental background or a singl…
For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims—which can leave laymen feeling like…