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Category: Association Operations

Energy Conservation Keeping Your Community Healthy
2010 September Keeping Your Community Healthy

Board members and association managers have a lot on their plates—maintenance issues, resident complaints, construction projects, and the hundred little tasks that make up the administration and upkeep of a multifamily residential build…

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Insurance Keeping It in Reserve
2010 August Keeping It in Reserve

Most people wouldn't buy a home without an attorney, or start a business without an accountant. In the same way those professionals assist with complex legal and financial processes, a civil engineer trained in the specific field of de…

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Insurance Getting Along, Getting it Done
2010 August Getting Along, Getting it Done

Sometimes, just getting two people to agree on what to have for dinner or what movie to see on a Saturday night can seem like an overwhelming task. Now imagine trying to get five, seven or nine people to make million-dollar decisions t…

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Insurance Learning the Ropes
2010 August Learning the Ropes

Co-op and condo board members are usually volunteers who give of their time and expertise to help make sure their building or HOA is well-run and their investment protected. In a perfect world, new board members are architecture graduat…

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Insurance The Proper Fit in Insurance
2010 August The Proper Fit in Insurance

For any condominium or community association, there are certain types of insurance that HOAs cannot live without. Generally those include: property, liability, umbrella, D&O (with employment practices liability (EPL) insurance embedded …

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Insurance Are They Covered?
2010 August Are They Covered?

Mistakes happen. It’s a simple fact of life and a simple fact of doing business. That’s why issues of insurance are so important for condominium managers and boards to take seriously. While it is easy enough to keep up to date on one’s o…

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Insurance Insuring for Household Hazards
2010 August Insuring for Household Hazards

Mold—it’s an ugly four-letter word in more ways than one. Nobody wants to think about the fact that this fungus can be found anywhere where water leaks or drainage problems are present. Mold can cause serious damage to a co-op or condom…

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Insurance New Jersey is the Garden State ( After All)
2010 August New Jersey is the Garden State ( After All)

Since 2000, New Jersey has experienced five federally declared disasters due to flooding. Hurricane Ivan crashed ashore in July 2004 and quickly became a category five hurricane. New Jersey residents were hit with intense rains, causin…

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Finance Cape May, New Jersey
2010 July Cape May, New Jersey

Known for its quaint Victorian cottages and pristine beaches, Cape May, New Jersey has been a seaside destination for generations. In fact, it is widely recognized as the oldest seaside resort in the country. Wealthy Northeasterners an…

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Finance "Other-miniums"
2010 July "Other-miniums"

The concept of "condominium living" has changed quite a bit since the term was first coined a generation ago. Since the 1960s and ‘70s, when condominium home ownership became a widely available, viable alternative to single-fa…

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