At the second of two northern tips of the mostly triangular island of Martha’s Vineyard perches the town of Oak Bluffs. It is one of the smallest communities in the Commonwealth of Massachusetts, but it packs a powerful personality. The …
Category: Insurance
Dear current board members and management team, As a newly seated board member I wanted to let you know that I am a little unclear as to what my role and specific responsibilities involve. Having never served on a condo board I …
With news of foreclosures raging about them and common fee delinquencies on the rise across the nation, condominium boards are taking a long, hard look at association expenses. But, professionals caution, boards should be wary about ta…
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…
Q I live in a 133-unit HOA with a nice clubhouse. The residents of the HOA are allowed to rent out the clubhouse. My question is, can a clubhouse be rented out to persons not living in the community? We are looking to bring in a little…
Pop quiz: Where did the Pilgrims first land in America? Plymouth, you say? No, actually –Plymouth may have the rock, but Provincetown, Massachusetts, is actually where the Mayflower first dropped anchor. In fact, Provincetown is the…
With the economy in the throes of the worst financial crisis in decades, it’s no wonder that the world’s second oldest profession – thievery – is on the rise. The nefarious Bernie Madoff and others of his ilk have highlighted the vulnera…
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…