Q. We have a member of the board of trustees of our co-op village who is a licensed realtor. Is he legally restricted from listing or selling units that are owned by the village, due to a conflict of interest? Also, is a board legally res…
COOPERATOREVENTS NEW JERSEY EXPO. WEDNESDAY APRIL 29TH . MEADOWLANDS EXPO CENTER. REGISTER NOW!
Q. We have a member of the board of trustees of our co-op village who is a licensed realtor. Is he legally restricted from listing or selling units that are owned by the village, due to a conflict of interest? Also, is a board legally res…
On Wednesday, June 7, Cooperator Events once again welcomed thousands of board members, managers, building owners, vendors, and condo, co-op, and HOA residents from across the Garden State to the Meadowlands Exposition Center for the Coope…
Serving on the board of directors of a co-op, condo, or HOA can be a daunting undertaking, but there are numerous resources available to get new members up to speed and to inform seasoned members of the latest products, services, laws, and …
While nobody will deny the importance of formal education and training, talk to enough professionals across the property management industry, and you’re likely to hear that while school was definitely useful, the experience gained on the jo…
In his 1971 book Future Shock, author Alvin Toffler describes a society undergoing enormous structural change as a result of technological advancements—and the social stress and disorientation that came with that change. A half century late…
The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…
When the average American taxpayer (or tax-dodger, one supposes) hears the word “audit,” they’re likely struck with a feeling somewhere between annoyance and terror. Usually that’s because being audited means that something has been found a…
Cash flow is the lifeblood of any multifamily residential community, be it a rental building, co-op, condo, or HOA. However, because the latter three are nonprofit entities, maintaining consistent cash flow is even more critical to their he…
Last March we reported on the legal case between Admiral’s Walk Condominium Association, located in Edgewater, New Jersey vs. Hudson Walk Conservancy over access to the Hudson River waterfront. There are new developments. Recapping the Cas…
While occasional annoyances and interpersonal friction are simply part of the cost of communal living, some behaviors cross the line from minor nuisance into legitimate harassment. Knowing the difference is important—but it can be tricky to…