Category: Association Operations

Finance Collecting 'Arrears' its Ugly Head
2007 July Collecting 'Arrears' its Ugly Head

Monthly charges, including common charges, emergency repairs, special assessments, maintenance fees, dues and so forth, are a big part of owning a condominium in New Jersey. When an owner is late, or misses monthly payments entirely…

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Finance Budgeting for New Jersey's Citizens
2007 July Budgeting for New Jersey's Citizens

For the first time since Fiscal Year (FY) 2001, New Jersey's state budget does not rely on tax or fee increases. Gov. Jon S. Corzine signed a $33.47 billion state budget for FY 2008 that is committed to no new taxes, substantial tax reli…

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Finance Look Out for Predatory Lending
2007 July Look Out for Predatory Lending

Cons and hustles are as old as civilization itself. For as long as there have been goods and currency to collect and divide, there have been unscrupulous individuals who are ready to relieve the unwary consumer of their holdings. Banking to…

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Finance Surviving Tough Financial Times
2007 July Surviving Tough Financial Times

Almost everyone, whether they're financially successful or not, knows what it's like to feel the pinch of financial insecurity at one time or another—those moments when an unexpected expense looms on the horizon like a storm, or the real…

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Finance It's Budget Time
2007 July It's Budget Time

Money matters are important to any homeowner, putting much pressure on those board members in charge of creating a budget—no easy task. Within a budget, condo boards and associations must try to predict expenses for the upcoming year, in…

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Finance Catching Financial Irregularities
2007 July Catching Financial Irregularities

Instances of out-and-out fraud are rare in the world of condos and homeowners associations, but that doesn't mean you shouldn't look out for them and know how to spot signs of trouble. Consider this—most board members are volunteers…

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Finance Mortgage Products
2007 July Mortgage Products

Although New Jersey housing cooperatives may be rare compared to the numbers of co-ops in New York City, suburban co-ops face the same types of issues as their big-city neighbors. One of the primary concerns of nearly all co-ops is the b…

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Management Managing for Recreation
2007 May Managing for Recreation

Every community has certain amenities or assets that residents value highly. In some communities, those features are extra parking areas, bike paths or "tot lots." In others, golf courses and restaurants are the way communities identify …

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Recreation The National Recreation and Park Association
2007 May The National Recreation and Park Association

The modest mission of the National Recreation and Park Association (NRPA)—"To advance parks, recreation and environmental conservation efforts that enhance the quality of life for all people"—"belies the complexity of the organization itsel…

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Recreation Building Community Within HOAs
2007 May Building Community Within HOAs

One irony of modern life is that being in close proximity to your neighbors doesn't necessarily make you closer to your neighbors. At best, people might know just a handful of neighbors in their community. Many of us lead hectic lives, a…

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