Investing in real estate is one of the best ways to increase net worth. That's why it’s so important for board members to keep in mind the best ways to increase the resale value of the homes within their community. All too often, board memb…
Community living comes with lots of rules and regulations—many of which are codified in largely static, hard-to-amend governing documents like proprietary leases and condominium declarations. Others are laid out in the more flexible context…
Since long before the covid pandemic upended the practical and administrative lives of every condo, HOA and co-op board in the country, apathy has been rampant among the residents of the communities those boards govern. It’s always been dif…
Managing or administering a multifamily community like a condo, HOA, or co-op building is a lesson in balancing diverse, sometimes conflicting interests and priorities for the collective good. In buildings and associations where residents l…
A condominium, cooperative, or homeowners’ association elects its board for a specific purpose: to manage the community’s day-to-day business, oversee special projects, and draft and uphold the rules and regulations that keep life orderly a…
This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards–the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…
This publication spends a lot of time exploring and explaining the duties and purpose of multifamily boards—the benefits and drawbacks of serving on them, and even the difficulty that many buildings and communities have with motivating owne…
A community’s governing documents, including its bylaws and house rules, are like a country’s constitution and laws. They are–or at least they should be–‘living’ documents that, like our state and national laws and constitution, occasionall…
Each multifamily building or association establishes a set of rules and regulations that residents and their guests must follow to uphold a safe and harmonious community. Often these address pet, noise and odor regulations, trash disposal, …
‘Better to have and not need, than need and not have.’ This adage applies to umbrellas, insurance, and good attorneys. Condominiums, community associations, and co-op boards are volunteers, and rely on their legal counsel to navigate legal …