Condominium associations should seek professional help before signing on the dotted line of an unfamiliar contract. Signing too quickly may result in big regrets, say managers and attorneys. Be cautious, and nail down the specifics first. …
You’ve just been elected to your condo board of trustees. On the one hand, you’re honored. A few neighbors have offered a congratulatory handshake, and now you’re in the mood to pop the bubbly. On the other, there’s a sense of hesitation. …
The old saying that the only sure things in life are death and taxes leaves out a third certainty: legislation. Across New England each year, thousands of bills get filed in state legislatures, many of them as mundane as the naming of a br…
A new generation of young professionals is looking for a means to enter the housing market. Condominiums are an attractive price point and form of ownership for such new generation. To meet this demand, owners of rental housing are, in inc…
You may love your condo community. You may even love your neighbors and the members of your board of trustees. But there are few people who can say that they love their monthly board meetings or annual condo owner meetings. That’s because …
Given the fact that 20 percent of the country lives in community or “common interest” associations, it’s no surprise that a groundswell of support—and legislative action—has evolved to protect their financial security. A variety of l…
Q I recently bought a new unit in an HOA. I set up a fence in my backyard that management and the board says is too high, but the original developer’s original fences are as tall as the ones I installed. Most of the units still have this …
Having a disinterested, apathetic board is a problem in some buildings, though a board that oversteps the boundaries of its power or invades the privacy of residents also can cause hassles. But an informed board should be less apt to go be…
While keeping the records of the association is not the most fascinating part of serving on a board of trustees, it is in some ways the most important. In fact, the flow of paperwork is the lifeblood of the community. The association…
It only takes a few minutes of a web search to uncover the traits that make a successful person or business owner. For example, Entrepreneur magazine’s Steven Key wrote the article, “5 Qualities of Successful Persons,” which included such …