In New York City, it is not uncommon for boards and managing agents to levy a “flip tax,” or a transfer fee paid to the co-op or condo association by owners who sell their units. “Flip taxes are extremely beneficial as an ongoing fun…

With so many people leading busy, sometimes hectic lives that revolve around work, kids, social functions, and other obligations, it's often very difficult for co-op, condo, and HOA administrators to find residents willing and able to serv…

Boards and associations, just like individuals, carry insurance coverage to protect them from liability, loss and other financial and legal problems, although the issues may be a little different than the typical auto or single-family home…

Property insurance, by definition, is a guarantee of compensation for a specific loss or damage to physical property or equipment. Within that broad and simplified explanation there is room for multiple interpretations—and more than enough…

In the tri-state area, where even the most profligate among us may shed a tear or two at hotel room prices, the homesharing trend has grown by leaps and bounds, with more co-op and condo owners than ever renting out their units to short-st…

From equipment failure and personal injuries to tornadoes and tropical storms, disasters happen. Any condominium association worth its salt knows that it needs to be prepared for a rainy day. A great chunk of that preparation is insurance.…

Q I live in an over-55 active adult condo community in New Jersey. The condo is governed by a non-profit corporation in accordance with the master deed and bylaws. The bylaws are voted on by the members of the community. The board previou…

Communication is vital to running a successful condo or co-op building. So what happens when homeowners complain that board members are not listening, and—even worse —ignoring their complaints and problems? Well, you can bet it will …

Haddonfield, New Jersey has a number of historical firsts associated with its name. The town played a major role in the American Revolution, was one of the first communities to establish independent home rule, and is home to the first disc…

When it comes to the subject of meetings—specifically monthly board meetings or annual unit owner meetings in condos, co-ops, and HOAs—there seem to be no neutral opinions. A few folks actually like these exchanges, but most dread them. …