Category: Association Operations

Insurance The Upsides of Board Service
2018 August The Upsides of Board Service

One of the unique things that sets co-op, condo and HOA living apart from living in a single-family home, or even a rental, is the buyer’s choice to live in a community-within-a-community. By purchasing a unit in a particular building or de…

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Insurance Responsibility for Repairs
2018 August Responsibility for Repairs

There’s an old adage that ‘insurance is for pessimists’ – but that’s very much not the case. In the world of home ownership, and especially in shared communities, proper insurance is a critical factor in protecting not only your most import…

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Insurance The Risks of Being Un(or Under)insured
2018 August The Risks of Being Un(or Under)insured

Insurance can seem like a mundane administrative afterthought – right up to the moment you need coverage. In a community association, just because a responsible board handles the lion’s share of maintaining the policy covering common areas …

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Finance The ABC’s of  Appraisal
2018 July The ABC’s of Appraisal

For many people, appraisals are a mystery, from why and how they’re done to how the information gathered during the process is ultimately used. Truth is, the mystery is easily demystified. Appraisal is, for all intents and purposes, a strai…

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Finance When Associations Borrow
2018 July When Associations Borrow

Whether it’s a renovation, an emergency repair, or anything in-between, condos, cooperatives, and homeowners’ associations are rarely not spending money on something. And while they may have reserves on hand to pay for its latest project, m…

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Finance The Tax Act of 2017
2018 July The Tax Act of 2017

The Tax Cuts and Jobs Act of 2017 represents the first major restructuring of federal income taxes since 1986, and ushers in serious changes to how co-op, condo and HOA owners will benefit from home ownership. In many cases, the new law wil…

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Management Managing Parking Facilities
2018 May Managing Parking Facilities

In any large city, and even in many sprawling suburban areas, parking is a big deal—it’s often hard to find, and when you do find a spot, it can be very expensive. Parking spaces not only provide urban and suburban drivers with freedom and …

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Finance Dealing With Arrearages
2018 May Dealing With Arrearages

One of the most difficult issues for board members and residents of co-ops, condominiums, and HOAs is that of arrears. The problem poses practical, procedural and ethical issues, and can ultimately lead to neglected maintenance, delayed pro…

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Design Residential Architecture Trends
2018 May Residential Architecture Trends

Through the ages, architecture and design have been symbols of evolution and change within societies. From the grandeur of the ancient world, to the Baroque and Romanesque masterpieces of the late Renaissance, and to the towering fancies of…

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