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…
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, …
Home ownership has long been a key component of the American Dream– especially after years of renting. But when the faucet leaks in your condo or co-op unit, there’s no more calling the landlord; you’ve got to fix it yourself. In shared int…
‘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 …
Everyone wants to be a good neighbor—at least that’s what we’d like to believe. But, living in spaces where many people share walls, halls, and common areas can (and unfortunately does) lead to occasional conflict. That’s the unintended bu…
When a condo or co-op resident runs for a seat on their board, the decision to do so generally comes from a desire to ‘step up’ and participate in the governance of the place they call home, and the building or association community as a wh…
