While condo associations in many parts of the country occupy towering high-rise buildings or sprawl across vast suburban acreages, small condominium associations—those consisting of 10 units or fewer—are more the norm in New England; indeed…
Category: On The Board
A community’s governing documents, including its bylaws and house rules, are like a country’s constitution and laws. They are—or at least they should be—‘living’ documents that like our state and national laws and constitution, occasionally…
This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards—the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…
In multifamily residential communities, where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be a bit tricky. Physical boundaries are often breached by things like …
Groucho Marx once famously said, “I wouldn’t belong to any club that would have me as a member.” Not so for many in the world of co-ops, condos, and HOAs. Shared communities often (if not usually) have an application process required for p…
Back in 2021, Congress passed the Corporate Transparency Act (CTA), a federal law requiring most corporations, LLCs, and other business entities to register with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). …
In multifamily residential communities, where neighbors share common space, amenities, and maintenance—if not actual walls—establishing and maintaining boundaries can be a bit tricky. Physical boundaries are often breached by things like …
Cooperative corporations and condo associations are collectives of shareholders and owners, respectively. Both are governed by a board, the members of which are typically elected by those same shareholders and owners. Immediately followin…
Shared residential communities such as condos, co-ops, and HOAs are modern examples of classic Athenian democracy: citizens governing themselves through active participation in governance. The key to that governance is the regularity of ele…