Category: Association Operations

Insurance Injured on the Job
2009 August Injured on the Job

 The roof of your condominium survived relatively unscathed through yet another  New England winter (OK, there was that one leak), but the condominium board has  unanimously agreed that it's time to reshingle.    You’ve taken bids a…

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Insurance Riding Out the Storm
2009 August Riding Out the Storm

 As homeowner insurance costs continue to escalate in the coastal regions of New England, it has become harder to successfully wade through the morass of deductibles and  policy lingo on storm insurance coverage. But with a little knowledg…

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Insurance Filling the Gaps
2009 August Filling the Gaps

Afire sweeps through a row of condominiums, some of them partially-built units that were caught in the financial downturn. What happens when empty condo units, finished or otherwise, suffer damage? Who pays to rebuild them? Ac…

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Finance Summertime Safety
2009 July Summertime Safety

 Ah, summertime! It’s a great time for property managers to kick back and relax! Except for that  out-of-control grill fire on the deck of unit 31 that nearly jumped to adjacent  units. And that pesky 13-year-old who broke his finger durin…

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Finance Managing Your Reserve Fund
2009 July Managing Your Reserve Fund

In today's harsh economic times, maintaining a healthy reserve fund is more important than ever. A community association’s reserve fund can be used to cover any number of emergency expenses from sudden repairs to legal costs. In additio…

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Finance Selling the Increase
2009 July Selling the Increase

When these decisions have to be made, boards must consider the best way to include residents in their thought process. And when the board of trustees comes to the conclusion that fees must be raised, hopefully they’ll announce it in a m…

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Finance How Low Can You Go?
2009 July How Low Can You Go?

Bad economic news is pretty much inescapable these days. You can’t turn on the TV without hearing about another round of layoffs or shaky consumer confidence. The stock market is unstable, retirement funds are shedding value, the housin…

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Finance Drafting a Budget in Uncertain Times
2009 July Drafting a Budget in Uncertain Times

Even in the best of economic times, preparing a condominium's annual budget is a tiresome task, fraught with uncertainty, estimations and shifting numbers. Now, factor in one of the most challenging economic downturns in a century with …

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Energy Conservation Environmental Issues
2009 May Environmental Issues

 So you’ve just moved into your new condo and you want to hit the ground running in  terms of energy and water conservation.    But you’re realizing that it’s not quite as simple as when you owned a single-family home. You’re now be…

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Landscaping Deep Cover
2009 April Deep Cover

Why not cover the roof with plants? It’s such a simple idea; no wonder it’s been around for millennia. The United States, of course, has developed an architecture that exults in its mastery of Mother Nature. We build bridges ac…

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