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Category: Association Operations

Insurance Homesharing and Insurance
2015 August Homesharing and Insurance

In a city like Chicago, where even the most profligate among us may shed a tear or two at hotel room prices, the homesharing trend has grown by leaps and bounds, with more co-op and condo owners than ever renting out their units to short-s…

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Insurance Insurance: A Must-Have or Couldn’t Hurt?
2015 August Insurance: A Must-Have or Couldn’t Hurt?

From equipment failure and personal injuries to tornadoes and tropical storms, disasters happen, and any condominium association worth its salt knows that it needs to be prepared for a rainy day. And a great chunk of said preparation consi…

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Finance Don’t Raid the Cookie Jar
2015 July Don’t Raid the Cookie Jar

Sometimes the future seems like it’s an awfully long way away. If a roof is going to last 30 years, why should we worry about it today? Same with that shiny new boiler or that flat, crack-free pavement just poured two summers ago. Eventual…

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Finance Smoke Detectors and Sprinkler Systems
2015 July Smoke Detectors and Sprinkler Systems

When a fire erupts in a Chicago building, it's terrifying but it doesn’t have to be deadly. There are a few essentials that can save the lives of the people who are inside that building: namely, a working smoke detector and a sprinkler sys…

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Finance Money Talks
2015 July Money Talks

Imagine sitting down with your significant other to pay the monthly bills. You both put your checks into a joint account and know how much there is to take care of expenses, or so you think. Out of his wallet your husband pulls out receipt…

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Management You Must Be New Here
2015 June You Must Be New Here

Every relationship starts the same way—people getting to know each other and moving into a new co-op or condo is no different. It’s actually a lot like moving into a new town; there are new neighbors, new rules and new community leaders. S…

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Maintenance Eliminating Costly Amenities
2015 May Eliminating Costly Amenities

When buyers purchase condo units, they purchase access to the condo's shared amenities, as well. Depending on the scale and financial demographics of the building, those amenities could be substantial. For instance, during the real e…

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Recreation Age Appropriateness
2015 May Age Appropriateness

When it comes to offering social programs and amenities, respective requests, needs, and preferences can run the gamut. For board members and managers, having programs in place that cater to collective populations—toddlers to octogenarians…

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Recreation Unique Amenities
2015 May Unique Amenities

These days, buying a new condominium might mean access not only to your dream home but also to the kind of high-end amenities that can transform a beautiful home into a spectacular one. At least that is the goal of developers and boards se…

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Recreation Seasonal Amenities Maintenance
2015 May Seasonal Amenities Maintenance

Chicagoland is known for its cold and windy winter weather, which often lasts from late October all the way through March and makes “The Windy City” a well-earned moniker. Between the cold prairie winds, and gales from Lake Michigan …

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