NEW ENGLAND CONDO EXPO. THURSDAY OCTOBER 30TH . HYNES CONVENTION CENTER. REGISTER NOW!
The stability and value of a shared interest community hinges on a lot of things; financial solvency, good governance, and proactive physical maintenance, to name a few. But another key component, and one that may be less obvious to the eye…
It’s a constant refrain in multifamily governance and management: open, transparent communication between boards, managers, and residents is vital to running a building or HOA effectively and equitably. Unresponsive, disconnected leadership…
Pets have always been a source of comfort and emotional support for their humans, and since the pandemic created more opportunities for us to remain at home, pets have become even more constant companions for many. Given that integrating an…
Board meetings are where decisions are made, information is shared, and policies are implemented in multifamily communities. The minutes from these meetings are more than just a record of what was discussed; they serve as a reference for al…
While they all collect fees from residents, it’s important to remember that condos, co-ops, and HOAs are nonprofit entities; those fees go right back into maintaining, repairing, and generally running the building those residents call home.…
Among the most important elements of building maintenance is inspecting and securing the facade, whether it’s brick, stone, stucco, glass, or some other material. Improper installation, neglected maintenance, and plain old natural deteriora…
Self-managed communities large and small can save a considerable amount of money by eschewing third-party management and handling their day-to-day business in-house. This means the board must assume the tasks and responsibilities that commu…
Within any community, there will be disagreements. In shared interest communities, unfortunately those disagreements can sometimes lead to litigation. That litigation can take many forms: shareholder or owner vs. co-op or condominium, or v…
Every condo, co-op and HOA resident has a stake in what happens in their community. Each decision—from financial oversight to building improvements—impacts everyone collectively. That’s why holding and attending annual board meetings is so …
One of the perpetual challenges of multifamily, shared interest living is the relatively small number of community members who are willing to volunteer their time to govern and run the community. It’s not uncommon for any building or associ…