Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some for …
Are homeowner association's governmental or quasi-governmental entities? Until last year, most attorneys who practice community association law would have said the answer was clearly, and appropriately, no. But a New Jersey appeals court…
Ever feel like your board meetings last longer than Wagner's entire operatic Ring Cycle? They may not last nine hours, but even three hours is a long time to sit in a chair—especially when the agenda doesn't include the Flight of the Valkyr…
Every board is different, with its own individual personalities meshing for one common cause: to run the co-op or condo in their charge efficiently and with integrity. Some board members come to their positions with years of experience…
Serving on the board of directors for your building brings on a range of emotions: pride that you were selected to represent the best interests of your fellow shareholders; unease at the thought of the additional time commitment of meetings…
Getting elected to a building's board can be a big job in and of itself—but the truth is that winning a seat is only the beginning. After making the decision to campaign for a seat, and then winning it, new board members can find themselves…
Board members come in all shapes and sizes—literally and figuratively. In some buildings, no one wants the hassle of working a thankless job for no compensation, and the same four people are guilted into the job every year by default. In ot…
As any co-op or condo board member knows, serving on the board carries with it a responsibility to fellow residents and shareholders to make decisions in the best interest of the building. They don't leave their role as board members at the…
They torched cars and set fires throughout the park and around our building in 50 mile-per-hour winds. And, yes, the fire spread to unprotected areas. It may sound like a scene from a war zone, but that's actually a local resident's…
The world of insurance, although not necessarily simple, is usually cut and dry, not the stuff of excitement. While condos and co-ops have insurance for the common areas like roofs, stairways, lobbies and often the apartments as well, th…