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Board Operations Digital Documents
2021 August Digital Documents

Paper, or electronic? It’s now a choice for everything, from the books we read for pleasure to the books we keep on our associations and corporations. Even restaurant menus are digital today in the wake of the need for ‘touch-free’ environm…

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On The Board Improving Board Involvement
2021 August Improving Board Involvement

Even among otherwise conscientious, community-minded condo, HOA, and co-op residents, the idea of running for and serving on their board often ranks somewhere between taxes and dental work. It conjures thoughts of endless meetings...arguing…

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On The Board New Kids on the Board
2021 August New Kids on the Board

Across the country, one of the biggest challenges to governing condominiums, homeowners associations, and co-ops is finding new members who are willing to volunteer their time and energy to serve on their community’s board of directors or t…

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Q&A Q&A: When Is a Resignation a Resignation?
2021 July Q&A: When Is a Resignation a Resignation?

Q. If a member of the board submits his resignation, do the remaining board members have to vote and accept the resignation, or just have it signed and notarized by the resigning individual and then have it recorded at the Registry of Dee…

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Finance Accrual vs. Cash
2021 July Accrual vs. Cash

The successful financial management of a condo, co-op, or homeowners association relies upon accurate, timely, and consistent financial statements. These statements represent the financial position and results of operations of the associati…

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Finance How Has COVID  Affected the Multifamily Market?
2021 July How Has COVID Affected the Multifamily Market?

One year-plus into the largest public health crisis in a century, New England Condominium spoke to real estate professionals across the geographic regions we cover to learn the effects that the COVID-19 pandemic has had on their specific ar…

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Finance Where Does It Go?
2021 July Where Does It Go?

The vast majority of co-op and condominium boards are well intentioned and work diligently with their management and accountants to draft and monitor their annual budgets—and recalibrate them as necessary. Despite their best efforts to keep…

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Q&A Q&A: Which Law is the Right Law to Follow?
2021 June Q&A: Which Law is the Right Law to Follow?

Q. My condo was formed in 1974 under the old condo law, RSA 479. The new condo law, RSA 356, was passed in 1977. If we update our condo docs now, which law are we required to follow? Note we are exempted from 356 under paragraphs I, II, I…

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Law & Legislation Working With Your Legal Counsel
2021 June Working With Your Legal Counsel

For many, the function and relationship between the board of directors of a co-op or condominium community and their attorney is more or less opaque. Who does the attorney represent? Individual owners or shareholders can’t contact the commu…

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Law & Legislation Laws vs. Bylaws
2021 June Laws vs. Bylaws

Co-op and condo living is subject to lots of rules—some of which come directly from state laws, some from the building or association’s own bylaws, and some from its house rules. Every state has statutes that govern the operation of residen…

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