Category: On The Board

Law & Legislation
2021 June Working With Your Legal Counsel

For many, the function and relationship between the board of directors of a co-op or condominium community and their attorney is more or less opaque. Who does the attorney represent? Individual owners or shareholders can’t contact the commu…

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Law & Legislation
2021 June Laws vs. Bylaws

Co-op and condo living is subject to lots of rules—some of which come directly from state laws, some from the building or association’s own bylaws, and some from its house rules. Every state has statutes that govern the operation of residen…

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Law & Legislation
2021 June Legal & Legislative Roundup

As the nation starts to regain a semblance of normalcy with COVID-19 vaccinations on the rise and restrictions beginning to ease, legislative dockets have filled with bills and proposals that have ramifications for the co-op, condo, and HOA…

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Law & Legislation
2021 May Liability, Cost, & Reopening Amenities

Last spring, amidst the panic and confusion of the burgeoning pandemic, condominium, co-op, and HOA communities were faced with the difficult task of deciding what to do about their shared amenities. Gyms, pools, clubhouses, and other popul…

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On The Board
2021 March Co-ops and the Paycheck Protection Program

You may have heard that thanks to cooperative corporations being included in the new federal Stimulus Bill passed at the end of December, residential co-ops can now obtain loans under the Fed’s Paycheck Protection Program (PPP). While this …

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Board Operations
2021 February A Look at Board Powers

When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…

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Board Operations
2021 February Overcoming Apathy

While residents generally like the idea of community that living in a condominium or co-op provides (that’s why many opt for this type of ownership), few are as excited about the idea of serving on their community’s governing board, or on a…

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Board Operations
2021 February Board Style & Management

Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association or corporation, which governs the community on behalf of the unit owners or shareholders, and a hired management agent, …

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