Whether condo associations will buy into the so-called “electric highway” has become the perennial $64,000 question. And the answer? Maybe — eventually. The demand isn’t there yet, but just how fast this wave of the future is t…
The carefree lifestyle of condominium residents may make an owner feel as though taking off for a winter in Florida is a simple as removing the trash and locking the unit doors. Managers will explain that it’s not so simple. Jeff Mar…
Freelance photographer Jocelyn A. lives in a charming, post-war brick townhouse community of over 1,600 units and a $3 million annual budget. She receives a monthly newsletter with over 20 pages of everything to keep residents i…
Lawsuits are usually not an association’s go-to method for dispute resolution. Expensive and time-consuming, they can quickly turn into a financial burden and may create strained relations in the community. Unfortunately, in some cases …
While some condos and HOAs are lucky enough to have lawyers serve as members of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to answer questions, vet documents, send the…
In today’s troubled housing market, it’s little wonder that condo associations are facing more foreclosures and tricky mortgage entanglements than ever before. A roundup of pending condo legislation for 2013 finds changes to notificatio…
We’ve all seen the news photos of Hurricane Sandy’s wrath wrought along the Jersey Shore, Lower Manhattan, Queens and Staten Island. While New England did not suffer the brunt of the storm, some areas of Connecticut, Rhode Island and so…
In buying into a condominium community and its lifestyle, the prospective owner signs a contract, agreeing to accept and uphold the community’s rules and regulations—and essentially waiving certain rights. In doing so, this buy…
Read any of the major business publications or websites and you’re bound to find articles on the importance of delegating. It’s one of the most fundamental skills for a successful business owner to have. A simple Internet search finds sc…
While essential to the successful operation of all cooperatives or condominiums, governing documents are often only glossed over by otherwise well-intentioned board members, residents and property managers leading to potential pitfalls.…