Category: On The Board

On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…

On December 23rd, the Fifth Circuit Court of Appeals issued a decision staying the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas earlier this month.  This court order reinstates the deadline for f…

Community associations and their directors are on the clock for complying with the federal Corporate Transparency Act (CTA), which requires board members to submit their personal information to the US Treasury Department or face steep fines…

Maintaining your building's masonry is every bit as crucial to safety, comfort, and value as maintaining your boiler or furnace - but major masonry repair and restoration projects can be daunting for building owners and boards unfamiliar wi…

As a building owner, manager or engineer, navigating a leak can feel daunting. By identifying common leaks and their sources and giving an overview of an architect and/or engineer’s leak investigation process, this course equips building ow…

With Electric Vehicles (EVs) becoming ever more popular and widespread, and the Illinois EV Charging Act now in full effect, it is crucial that building owners and administrators understand, plan for, and effectively implement EV charging i…

There’s an old joke about business partners on the outs. The punchline is something like, “my lawyer is bigger than your lawyer!” Punchlines aside, though, who can you sue, when, and for what? In our litigious society, the short answer is n…

Back in 2021, Congress passed the Corporate Transparency Act (CTA), a federal law requiring most corporations, LLCs, and other such entities to register with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The …

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…