When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…

When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…
While residents generally like the idea of community that living in a condominium or co-op provides (that’s why many opt for this type of ownership), few are as excited about the idea of serving on their community’s governing board, or on a…
Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association or corporation, which governs the community on behalf of the unit owners or shareholders, and a hired management agent, …
New England Condominium presents a Cooperator Events Virtual Town Hall: What's Your Plan? - Understanding Capital Projects and Smart Planning. Sponsored by Schernecker Property Services, Inc. Tuesday February 2nd, 2021 at 1:30 PM EST. …
Q. I was a condominium board member of a 60-unit condominium association for four years. During that time, I kept copies of everything regarding incidents, meeting minutes, emails, anything that I submitted, contracts that I worked on, …
While many condominium associations and co-op corporations hire professional property managers or management firms to handle the routine (and not-so-routine) tasks involved in running a multifamily building or HOA, a significant number take…
The COVID-19 pandemic and efforts to control it continue to preoccupy condominium association boards and property managers and challenge their ability to respond to rapidly changing governmental guidelines and requirements. Federal regulati…
The day-to-day life of a property manager—while not quite as predictable as that of, say, an accountant—does revolve around certain cyclical tasks, like building inspections, staff meetings, and keeping boards informed of what is going on w…
Q. Is an association required to maintain a recording of a meeting as an official record? — Confused Board Member A. “One way in which the COVID-19 pandemic has affected associations is that in most cases it has made …
The holidays: a time for upholding long-standing traditions, usually involving festive gatherings of family and friends, communal meals, sacred services, gift exchanges, visitors, and, invariably, crowds—until this year, that is. The coro…