Most professionals in both the property management and bill-collection business agree: serious payment arrears don't happen all that often in HOAs, but when they do, it isn't pretty. Unpaid fees are more than just a hassle; they're a tim…
COOPERATOREVENTS NEW JERSEY EXPO. WEDNESDAY APRIL 29TH . MEADOWLANDS EXPO CENTER. REGISTER NOW!
Most professionals in both the property management and bill-collection business agree: serious payment arrears don't happen all that often in HOAs, but when they do, it isn't pretty. Unpaid fees are more than just a hassle; they're a tim…
Active, involved and concerned residents are essential to creating a strong community in any homeowners association. Even if you already have an enthusiastically involved resident population, don't overlook the importance of properly wel…
Whether it's demanding residents or unreasonable board members, maintenance headaches or a barely-under-control work schedule, a property manager is in a unique—and uniquely stressful—position. No one knows this better than the property …
When considering rules and regulations for their community, board members must decide what is necessary versus what could be burdensome for their building's residents. Times change, as do community mores, population demographics, and ind…
Thousands upon thousands of people in New Jersey live in condos, HOAs or co-op buildings. Although it naturally varies from one development to another, many, possibly the majority, of association members pay very little if any attention …
Every condo and co-op community has rules and regulations by which residents and their guests must abide. For the most part, these rules are pretty straightforward: no smoking in common areas, no pets, no skateboarding in the courtyard, …
For most people, after a long winter, warm weather cannot come soon enough. But, if you are a trustee in a community association or a property manager, spring means more than barbecues and patio furniture—it means tough decisions and exp…
In Florida and the District of Columbia, among other states, property managers are required to be licensed in order to do business. As of now, managers in New Jersey have no such requirement; however, the topic does generate great debate…
After almost a decade of explosive housing activity thanks to home loans requiring only ten, five or zero percent down, just about the entire country was faced with financial setbacks in the housing market. Subprime mortgage loans shot u…
In today's litigious society, it seems like almost anybody can be sued for almost anything. Co-ops and condos are no different. And no matter what side of the legal battle you're on, knowing the role of your community's manager is vital …