It’s a question we’re asked all the time: "Can we use reserves to cover an operating fund shortfall?" Under normal circumstances, our standard response would be an emphatic “No!” -- because reserves are for major repair and replacement proj…

The Cooperator Events presents A Virtual Town Hall Reserves to the Rescue? - Preserving Your Community's Physical and Financial Health, Sponsored by Association Reserves. Thursday June 18, 2020 at 2:00 PM WATCH ON DEMAND With many associ…

Whether you’re living in a co-op apartment building in Manhattan, a condo on Chicago’s Gold Coast, or a townhouse community or HOA in Las Vegas, Reno, or Florida, issues of legality and liability are always a concern for owners, board membe…

Each year, condo, co-op, and HOA boards are tasked with figuring out the costs associated with all aspects of their community’s operations, including any capital repairs or improvements they plan to undertake in the coming fiscal year, and …

With the Senate’s passage of HB 1438, the Cannabis Regulation and Tax Act (“Cannabis Act”), just over a year ago, Illinois became one of the 11 states that permit both recreational and medical marijuana use. HB 1438 was passed by the Illino…

The Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate recently released a set of frequently-asked questions and guidelines for condominium and common interest community associations as the state …

The Community Associations Institute (CAI) has compiled a digest of government action resources (including clickable links) to help multifamily communities navigate the process of reopening their amenities and common areas now that the fede…

Serving on your condo or HOA board can be rewarding, but it's not without its challenges. Here, three board members weigh in on what they've found to be the toughest hurdles to clear as they work to keep their communities running smoothly. …

Few people come onto their condo or HOA board an expert in community administration - most of us could use some help! While most of that support and training comes from fellow board members and simply learning on the job, organizations like…

The Institute of Real Estate Management (IREM) announced in a June 3 press release that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pa…