Condominium associations should seek professional help before signing on the dotted line of an unfamiliar contract. Signing too quickly may result in big regrets, say managers and attorneys. Be cautious, and nail down the specifics first. …
You’ve just been elected to your condo board of trustees. On the one hand, you’re honored. A few neighbors have offered a congratulatory handshake, and now you’re in the mood to pop the bubbly. On the other, there’s a sense of hesitation. …
The old saying that the only sure things in life are death and taxes leaves out a third certainty: legislation. Across New England each year, thousands of bills get filed in state legislatures, many of them as mundane as the naming of a br…
Should associations fully fund reserve accounts today for anticipated future capital expenditures? Like all things in life, condominium operations encompass many shades of grey. The questions that readers send to New England Condominiu…
Q I was wondering if you had any information about whether a co-op management company is required by law to answer questions about random fees appearing on a monthly statement. I've been struggling for 6 months with my management company …
A new generation of young professionals is looking for a means to enter the housing market. Condominiums are an attractive price point and form of ownership for such new generation. To meet this demand, owners of rental housing are, in inc…
Of all the responsibilities that come with being a board member or manager of a residential building, few are as important as ensuring the safety of your residents. Making and clearly communicating emergency plans, marking entrance/egress …
The world of community association living is constantly changing, as new technologies, new laws, and new ideas arrive on the scene. Whether you’re a homeowner, a board member, or a community association professional, you know it’s importan…
In this digital age, more and more homebuyers are discovering their dream homes simply with a click of a mouse. But regardless of a person’s first impressions, eventually seeing the house in person will be the final sell—and that’s where a…
You may love your condo community. You may even love your neighbors and the members of your board of trustees. But there are few people who can say that they love their monthly board meetings or annual condo owner meetings. That’s because …