Category: On The Board

Law & Legislation Six Big Things Attorneys Wish Boards Knew
2016 June Six Big Things Attorneys Wish Boards Knew

Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you’re fortunate enough that you or one of your colleagues has professional legal expertise to bring t…

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Law & Legislation Legislative Roundup
2016 June Legislative Roundup

The legislative season is upon us, and in many states, bills specifically dealing with condos, co-ops and HOAs are wending their way through the legislative process. Even when bills aren’t aimed directly at those forms of home ownership, ma…

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Law & Legislation The Rise of Airbnb
2016 May The Rise of Airbnb

Instances of home-sharing have skyrocketed recently due to the rise of websites such as Airbnb.com.  For a small fee, these websites connect homeowners with people who want to find a place to stay for one night at a time. Homeowners rent th…

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Board Operations Maintaining Balconies and Terraces
2016 May Maintaining Balconies and Terraces

Before embarking on a real estate hunt, most prospective buyers craft lists. The “must have” list (square footage, operational plumbing, windows), the “would love list” (lots of natural light, Jacuzzi bathtub, doorman) and then the “probabl…

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Board Operations Are You Covered?
2016 May Are You Covered?

The experts who advise condo associations on insurance matters admit that the basic policies are pretty standardized and often seem to be all the same. Trustees may tend to gloss over the details and assume that anything important relative …

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Board Operations In The Black
2016 May In The Black

Taking care of a condo, co-op or HOA’s budget and finances is a big job. Handling such large sums of money is an important responsibility, and not every unit owner or shareholder has the expertise to do the job well. Sure, most people know …

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Board Operations Where the Dollars Are
2016 April Where the Dollars Are

Few things can be as upsetting as discovering that the funds that fuel a co-op or condo have been mishandled—or worse yet, stolen. For residents, fraud undermines their sense of trust in the men and women who oversee and manage the place th…

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Board Operations Managing Owners' Renovations
2016 March Managing Owners' Renovations

All you have to do is turn on the TV these days to know how popular kitchen and bathroom renovations have become. Backsplashes, stainless steel appliances, subway tiles, granite countertops, glass-enclosed showers, soaking tubs—the list of …

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Board Operations Board Transparency
2016 February Board Transparency

In town and city government, elected officials and committee volunteers are duty-bound and legally required to maintain open meetings and treat every line item of taxpayer funds as public information. Condominium communities, and the way th…

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