Looking at the balance in an association’s reserve account, a homeowner could easily feel complacent. After all, a quarter-million dollars is a lot of money. Maybe—or maybe not. If the condominium comprises 200 units, is nearin…
Budgets and financial reports provide a crystal-clear picture of how the association is doing. From an investment perspective, they show how unit owners, managers, tenants, building owners, board of trustees, etc., whether the property…
It can be easy for seasoned, veteran board members to recall both the excitement and challenge of being elected to the post. For many, the first weeks and months are a daunting experience requiring a learning curve that is not always e…
While a pool and a clubhouse used to be the hallmark of luxury condo living, the whole concept of upscale condo amenities has exploded in recent years with the construction of condo units tied to high-end hotels. This has added perks r…
As summer thunderstorms buffet condo properties throughout New England, less-than weather-tight windows, doors, and roofs may begin to make themselves known. And though condo boards never enjoy addressing the perennial problem of weath…
When you think of New Bedford, Massachusetts, several things come immediately to mind—commercial fisheries, factory outlet stores, textile mills, and of course, whaling. Located in Bristol County, 51 miles south of Boston, and…
Q Our condo community is considering converting a large community room into a gym and kids play space, separated from each other by a child fence. Are there any Massachusetts codes surrounding establishing gyms in residential buildings …
Q Last year the parents of several teens purchased a portable basketball standard and asked the board permission to put it in a location where their children can use it and the board agreed. Given the layout of our property the only pla…
Q Our property manager wants to buy a unit in our condo community but a lot of owners are not happy about it. Is that a conflict of interest? Do we have any legal power in this manner? Please advise. —Becoming a Buyer …