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Category: On The Board

Law & Legislation
Russian Sanctions, US Real Estate

The continuing war in Ukraine and the accompanying sanctions imposed by the US, EU, and their allies reach into our own backyard. Many Russian oligarchs own luxury apartments and other real estate in New York, Chicago, and elsewhere in the …

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Board Operations
2022 Winter Management Contracts 101

There are elements of board service that can vex even the most committed, most intrepid volunteer—and negotiating a building’s management contract is probably at the top of that list. Vexing or not, however, the extent and quality of servic…

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Law & Legislation
The Airbnb Battle Rages On

In most condo and co-op communities, the hope (if not the expectation) is that your neighbors are vested owners or shareholders whose units are their primary residence. To that end, the majority of co-ops forbid the renting out of units out…

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On The Board
2021 September New Kids on the Board

Across the country, one of the biggest challenges to governing co-ops, condominiums, and homeowners associations is finding new members who are willing to volunteer their time and energy to serve on their community’s board of directors. In …

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Law & Legislation
2021 September Receiverships and Conservatorships 101

When a property or individual finds itself or himself in a situation that threatens the continued economic viability of the asset or estate our laws provide a supervised level of assistance from qualified third parties.  In the case of real…

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Board Operations
Term Limits for Board Members:

Term limits are often a hot issue at all levels of government. Does capping the tenure of an elected official clear the way for new ideas and re-energize governance, or does it cut off expertise and knowledge that can really only be acquire…

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Law & Legislation
Transparency & Condo Governance

Is a condominium - or any type of common interest community - actually a democracy?  Do shareholders have unfettered access to the documents and information boards use to make decisions?  Can they demand to see those documents?  The answer …

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Board Operations
Spring 2021 A Look at Board Powers

When one buys a private single-family home, it’s clear who the king or queen of the castle is: the homeowner. When it comes to condominiums and cooperative apartments, however, the relationship between owner and property is a little more co…

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