Is a condominium, co-op, or any type of common interest community (CIC) a democracy? Do shareholders have the right to access the documents and information that boards use to make decisions? Can they demand to see those documents? The answ…
Q. Can a current board member advertise his re-election, or go around knocking on each door and telling owners who to vote for? Is this legal? —Wondering If This Is Appropriate A. “Yes and yes,” says Jonathan H. Katz, a partner …
Q. I live in and own a condo in a four-unit condo building. One unit is occupied by the president and treasurer of the board of directors. I am away for a few months, and gave permission to a dear friend to use my condo for a few days. Th…
Exterior maintenance and repair are some of the most extensive—and expensive—work that a condo, HOA, or co-op will undertake; they’re also unavoidable. So when planning such projects, two important factors should be considered: The first is…
While residents generally like the idea of community that living in a condominium or co-op provides (that’s why many opt for this type of ownership), few are as excited about the idea of serving on their community’s governing board, or on a…
You may have heard that co-ops can now obtain loans under the federal government’s Paycheck Protection Program (PPP) as a result of their being included in the new Stimulus Bill. The rules governing the inclusion have finally been released …
For many buyers, a key factor in deciding to purchase a home in a residential community rather than opt for private, single-family ownership is often the appeal of amenities that come with condo, co-op, and HOA living—pools, gyms, clubhouse…
Last spring, amidst the panic and confusion of the burgeoning pandemic, condominium, co-op, and HOA communities were faced with the difficult task of deciding what to do about their shared gyms, pools, clubhouses. Almost universally, these …
The day-to-day life of a property manager—while not quite as predictable as that of, say, an accountant—does revolve around certain cyclical tasks, like building inspections, staff meetings, and keeping boards informed of what is going on w…
Over the past year, you may have been one of the many people who tuned in to Cooperator Events’ popular webinar series—but did you know that Cooperator Events also produces Cooperator Events Expos, a series of must-attend annual and biannu…