Management Liquid Assets
2015 June Liquid Assets

Some lucky condos offer the benefits of an indoor or outdoor swimming pool for their residents; it’s a splashy amenity that many people request when looking for a home…but there are many drawbacks, issues, and liabilities that come with ma…

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Law & Legislation Avoiding Litigation
2015 June Avoiding Litigation

With dozens—sometimes hundreds—of people living in a community governed by neighbors, acquaintances and friends, it should be no surprise that disputes occasionally arise in condo buildings. The possibility of disagreements among residents…

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Law & Legislation The Condo as a Legal Entity
2015 June The Condo as a Legal Entity

Despite a long history and presence in cities and towns around the globe, condominiums are, too often, misunderstood by prospective buyers—which can translate to a source of conflict after buyers become owners. Regardless of its location a…

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Law & Legislation Legislative Round-Up
2015 June Legislative Round-Up

It’s an annual rite, as predictable as winter storm warnings and spring apple blossom festivals. Legislators in state houses throughout New England begin slogging through piles of bills filed by politicians and requested by constituents th…

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Q&A Q&A: Withholding HOA Fees?
2015 May Q&A: Withholding HOA Fees?

I live in a condominium I have brought several issues to the management and board’s attention for the past three years, and spent two years on the board before removing myself due to the frustration of dealing with our management company. T…

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Q&A Q&A: No Happy Returns
2015 May Q&A: No Happy Returns

Q We are a 56-unit condominium. Our bylaws require that end-of-year excess funds be returned to unit owners, either in a lump sum or credited to monthly installments until exhausted. Bylaws define excess funds as net excess of income over…

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Maintenance Can It Wait?
2015 May Can It Wait?

Now that the economy is looking better and heading back toward solvency, building administrators are more inclined to spend money on maintenance projects that they may have been putting off in years past. Of course, many community associat…

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Real Estate Trends Up on the Roof
2015 May Up on the Roof

When space is a commodity, where can condominium associations put their gardens, their social spaces, even their hot tubs? “On the roof,” says Jack Carr, licensed engineer and senior vice president of Criterium Engineers in Portland,…

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Board Operations Walking Away from Amenities
2015 May Walking Away from Amenities

When buyers purchase condominium units, they also purchase access to the condo’s shared amenities. Depending on the scale and financial demographics of a building, those amenities can be substantial; during the real estate boom of the earl…

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Recreation Age Appropriateness
2015 May Age Appropriateness

When it comes to offering social programs and amenities, respective requests, needs, and preferences can run the gamut. For board members and managers, having programs in place that cater to collective populations—toddlers to octogenarians…

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