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Category: Association Operations

Finance
As Costs Rise, So Do Carrying Charges

The Community Associations Institute (CAI) estimates that 74 million Americans live in communities managed by homeowners associations, of which condos account for 35% to 40%. That’s a lot of people - many of whom may be in for a nasty shock…

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Finance
As Costs Rise, So Do Carrying Charges

The Community Associations Institute (CAI) estimates that 74 million Americans live in communities managed by homeowners associations, of which condos account for 35% to 40%. That’s a lot of people - many of whom may be in for a nasty shock…

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Maintenance
Here Comes the Rain Again

The recent flash flooding resulting from Hurricane Ida and other torrential summer storms around the nation has come as something of a wake-up call for homeowners and local governments alike. The real-world effects of climate change are upo…

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Insurance
2021 September Protecting Board Members from Claims

In the wake of a tragedy of the size and scope of this summer's building collapse in Surfside, Florida, many board members in condos, co-ops, and HOAs have concerns about what liability they may assume in their administrative role. This con…

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Management
Spring 2021 Structural Inspections

In light of the catastrophic, deadly condo building collapse in Surfside, Florida, at the end of June, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the str…

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Insurance
Fall 2021 Loss, Insurance, and Claims

For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims—which can leave laypeople feeling l…

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