Category: Association Operations

Mistakes can happen. It’s a simple fact of life and a simple fact of doing business. That’s why issues of insurance are so important for condominium managers and boards. While it is easy enough to keep up to date on one’s own insurance, …

Mold – it’s an ugly four-letter word in more ways than one. Nobody wants to think about the fact that this fungus can be found anywhere where water leaks or drainage problems are present. Mold can cause serious damage to a condominium, …

In April, Massachusetts officials estimated it would take $38 million to repair the damage to infrastructure caused by the deluge, and tens of thousands of residents across the region applied for disaster relief from the Federal Emerge…

 It’s not your Daddy’s condominium any more.    Since the 1960s and ‘70s, when condominium home ownership became not only available but a viable  alternative to single-family housing in New England, the market has evolved  with man…

 Given recent headlines, condo associations could be forgiven for thinking they  need to put an armed guard and razor wire around the petty cash box. A wave of  fraud appears to be hitting condominiums from New England to Florida and  beyo…

Management of a condominium community is much like democratic government in a small town or village. The budget process is remarkably similar, whether it’s fees or taxes being collected, and, as in local government, financial management…

 Tighter lending requirements for Federal Housing Administration (FHA)-backed  mortgages for condos have put financial and administrative pressure on condos  around New England at a time when many are ill prepared for any new challenges.  …

 As annual and quarterly budgets come up for review, associations are looking to  cut additional costs anywhere and everywhere they can. But how much more “fat” can be trimmed from budgets? Surprisingly, there are a few unsung cost saving …

When 70,000-plus football fans watch the New England Patriots play at Gillette Stadium, they are drawing on the water resources of Foxborough, Massachusetts, a community with only 29,000 residents. How can the small town keep up with…

 The New England Condo Expo on May 12th at the Seaport World Trade Center in Boston is more than just a great place to  meet condominium professionals and network with community association leaders– it’s also a tremendous opportunity to le…