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…
Ahhh, lawsuits. People suing people. Companies suing companies. People suing companies. Residents suing boards. A quick surf of the Internet and you can find many instances across the country where condo boards are sued. You can also find …
Flood” might as well be synonymous with “dread.” Or “mess.” Or “insurance hassle.” Think back to the devastating footage after Hurricane Sandy, and you may have a number of questions about flood zones and flood insurance. Knowing the…
Many people dream of a place to call their own, and thanks to a rebounding housing market and a birth of new developments under construction, shiny new condominiums await. However, despite the appeal of a new condo development—such as wire…
It goes without saying that individuals and associations alike need to be properly covered by insurance; that’s just common sense. But the wide variety of choices can make obtaining that coverage a daunting process. To help boards and HOAs…
The headline of a recent Walpole, Massachusetts newspaper article reads: “Fight between Walpole selectmen cuts meeting short.” The first sentence of the article stated, “Selectmen came to verbal blows on Tuesday night, prompting other boar…
Running the day-to-day business of a condo development or an HOA of any size—be it a sprawling, multi-building community, or a single self-contained building—requires not just a functional board but a team of competent outside professional…
Sometimes it’s a shady developer or a crooked contractor. Sometimes it’s the unit owner you just can’t get rid of. There are times when it’s actually nobody’s fault and just the Byzantine nature of some state or federal laws, but the lawsu…
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. …