Law & Legislation Six Big Things Attorneys Wish Boards Knew
2016 June Six Big Things Attorneys Wish Boards Knew

Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you're fortunate enough that you or one of your colleagues has professional legal expertise to bring t…

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Law & Legislation Co-op vs. Condo
2016 June Co-op vs. Condo

So, you’ve decided to buy an apartment in the tri-state area. Congratulations—that’s the easy part.  Now you must choose whether to buy into a cooperative or a condominium. That’s harder. Significant differences exist between the two model…

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Law & Legislation Legislative Roundup
2016 June Legislative Roundup

The legislative season is upon us, and in many states, bills specifically dealing with co-ops, condos and HOAs are wending their way through the legislative process. Even when bills aren't aimed directly at those forms of home ownership, ma…

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Q&A Q&A: What About the Kids?
2016 May Q&A: What About the Kids?

Q. I know this is a strange question. Can you tell me if or where one would find out if there is a law in New Jersey that dictates the total number of children allowed per cooperative apartment or any dwelling unit?  Would this even be fo…

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Q&A Q&A: Selecting a New Manager
2016 May Q&A: Selecting a New Manager

Q. I live in a co-op in Fort Lee. Do co-op shareholders have any rights when it comes to the selection of a management company for their building? And if they can’t directly choose which company will manage their co-op building, can they …

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Q&A Q&A: Denying Services to Non-Payers
2016 May Q&A: Denying Services to Non-Payers

Q. We have a number of apartment units in our condo community where owners have not paid their maintenance for a few months. I feel that it will become a problem if the delinquencies continue, and we cannot pay our bills if owners are beh…

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Design Design Committees
2016 May Design Committees

When you lived alone, designing your space was easy. You went to the paint store, selected your favorite colors, came home and did the deed. But then you got married, and decorating got a little trickier. Every design decision had to get ap…

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Board Operations Following House Rules
2016 May Following House Rules

Taste is subjective. Luckily your board’s design rules and guidelines aren’t. From gaudy exterior paint colors, to improperly mounted flagpoles, to Clark Griswold-esque holiday light displays, the exterior design choices of individual unit …

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Finance Death and Taxes
2016 May Death and Taxes

There is no doubting the wisdom of one of America’s founding fathers, Benjamin Franklin, who wisely said, “In this world nothing can be said to be certain, except death and taxes.” While Father Time can take care of your mortality, the fed…

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