According to a recent announcement by Sen. Bob Casey (D-Penn.), chairman of the U.S. Senate Special Committee on Aging, by 2060 one in four Americans will be over the age of 65, and two in five adults over 65 live with a disability. In …
Category: On The Board
According to a recent investigative piece by the Orange County (Florida) Register , Fannie Mae is keeping a secret “blacklist” of condominium, HOA and cooperative properties which the federal agency has decreed that lenders should st…
Among the keys to successful governance of residential communities is continuity. The most basic of democratically elected units, condo, co-op, and HOA boards are the custodians of their community’s welfare, success, and continued operatio…
Conflict comes hand-in-hand with living in close quarters—and condominium and cooperative living is a prime example. Most dust-ups between neighbors involve run-of-the-mill issues like noise or hallway clutter, and can be settled with a cor…
If you live in a condominium, cooperative or HOA, guess what? You’re part of a participatory mini-democracy run by an elected group of volunteers. As such, it’s to your benefit to get involved in how your community is governed in order to p…
Even among otherwise conscientious, community-minded condo, HOA, and co-op residents, the idea of running for and serving on their board often ranks somewhere between taxes and dental work on their list of things to look forward to. It conj…
We hear about them all the time. Whole movies are made about them. Those nosey, controlling, downright hostile neighbors who can make your life miserable. Having one down the hall or next door is bad enough—imagine what happens when they e…
Buying into a residential community like a co-op, condominium, or HOA can be a bit like selecting the political system you’d like to live under. Governance styles can range from an Athenian democracy where every member of the community is i…
Residents in condo and HOA communities are frequently quite busy. Boards generally consist of elected volunteers who nearly always have other jobs and lives outside their duties as trustees. So while a professional management company can ha…
The job of managing a multifamily property is hectic, and often stressful - but it’s rarely (and blessedly) ever deadly. A tragic exception to that unfolded on August 22 in Atlanta, Georgia, when according to local news outlets a local cond…