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Q&A Q&A: Refusal to Pay
2014 September Q&A: Refusal to Pay

In a situation wherein a person refuses to pay maintenance fees, what can be done? Every time we ask whether we can cut off snow removal from the person's driveway, we are told that it could be considered a 'grey area.' What if the person s…

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Q&A Q&A: Who Pays for Windows?
2014 September Q&A: Who Pays for Windows?

Q I seem to be in the minority on the board upon which I am a director and chair of the finance committee, as I believe that, since shareholders are lessees/renters, and the corporation is the lessor/landlord, then the corporation should …

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Board Operations Identifying Insurance Options
2014 September Identifying Insurance Options

You can’t underestimate the value of insurance. In a simple analogy, operating a business—or the day-to-day business of a co-op or condo—without adequate insurance coverage is a lot like skydiving without a parachute. Needless to say, it’s…

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Maintenance A Winterizing Guide
2014 September A Winterizing Guide

In terms of wear and tear on buildings, winter is the harshest season of the year. Snow accumulation and ice damming on roofs can be a major headache, pipes freezing and bursting could spell disaster, and just about any accumulation of wat…

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Energy Conservation The Recycling Cycle
2014 September The Recycling Cycle

New Jersey is trashy. Literally. Every day residents of the Garden State produce hundreds of tons of trash. Whether its’ paper plates, cups, napkins or E-waste such as discarded computers, office electronic equipment, entertainment systems…

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Energy Conservation Submetering for Savings
2014 September Submetering for Savings

Funny thing about human nature—it’s not impulsively "natural" at all. Despite knowing that 1.1 billion people lack clean drinking water and thousands of children die from the diseases in that dirty water, people living in better circumstan…

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Energy Conservation Top 10 Energy Tips
2014 September Top 10 Energy Tips

There’s probably not a condo, co-op, or HOA board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of…

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Q&A Q&A: Dealing with a Bank-Foreclosed Unit
2014 August Q&A: Dealing with a Bank-Foreclosed Unit

Q If the HOA has title to a unit and a bank holds the mortgage and takes it back from the HOA is the bank responsible for all expenses?—i.e., maintenance, taxes, water and electric. The bank has allowed one unit to become uninhabitable an…

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Insurance Fidelity Bond Insurance
2014 August Fidelity Bond Insurance

Protection against embezzlement, fraud, theft, computer crime, forgery and more are just the tip of the iceberg when it comes to crimes at community associations across the United States. During challenging economic times, crime goes up an…

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Insurance Who's Responsible for Repairs?
2014 August Who's Responsible for Repairs?

Say you’re in bed, and you hear what sounds like the shower going. It's late, and you're tired, so you pay it no mind. You wake up at 4 a.m. to get a glass of water and find half the rooms in your apartment flooded— you forgot to turn the …

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