Achieving balance between board and management is vital in maintaining a healthy collective. For the resident of a condominium or cooperative, knowing which of the two pillars of the homeowning community to address for maintenance issues or…
Where there are people, there is detritus. It’s an age-old reality — so much so that even the remains of our ancient trash are often the basis upon which archeologists develop theories about vanished civilizations. While we can’t say what f…
Whether you’re a manager or a board member, running a co-op or condo has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless. Add to all …
While practical experience may be the best source of education for property managers, a little refresher in the classroom from time to time never hurts. Requirements for continuing property manager education vary from state to state, and ev…
The 347,000 planned communities in the United States—a number that includes cooperatives, condominiums, and homeowners associations—are generally governed by volunteer members of the building or community elected by their fellow unit owners…
For the first time in decades, serious inflation has reared its ugly head. Costs for nearly everything—including the goods and services needed to operate and maintain multifamily properties—are up an average of 10 percent. Some sectors, par…
First-time buyers in condo associations, co-ops, and other multifamily residential communities are often surprised—and a bit confused—by the way in which their new building or HOA operates. Whether they are coming from a rental background o…
Even before the pandemic and social unrest of the last few years, interpersonal conflict and outright hostility often surfaced in the co-op and condo environment, forcing boards and managers to deal with both legitimate grievances and confl…
In a rental building, the landlord has certain rights under certain circumstances to remove a tenant from his property before the expiration of their lease. In a private home setting, the only real path to removing an owner is through forec…
The psychosocial impact of the pandemic is far-reaching. And like the rest of the world, residents living in condos, co-ops, and HOAs have been conditioned to keep their distance and turn inward. But even with infection rates slowing overal…