Category: Association Operations

Maintenance A Look at Window Repair and Replacement
2004 Sep A Look at Window Repair and Replacement

There are plenty of reasons why a co-op or condo association board may want to replace some or all of the windows in their community. Noise reduction, saving on energy costs, aesthetics and safety are usually chief among them. Even with …

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Maintenance Fall and Winter Groundskeeping Strategies
2004 Sep Fall and Winter Groundskeeping Strategies

Sturdy and healthy trees, lush grass and beautiful plantings enhance the appearance and value of any building. Part of the yearly lawn maintenance cycle in any homeowners association or condominium development is keeping the overall land…

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Maintenance A Look Inside Your Air Conditioning System
2004 Aug A Look Inside Your Air Conditioning System

Summer's here, and most of us couldn't get along without air conditioning, especially when the temperatures reach into the steamy 80s and 90s. Many people know the minimum about their air conditioning systems—if anything goes wrong, they…

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Insurance Understanding Risk Purchasing Groups
2004 Aug Understanding Risk Purchasing Groups

In today's uncertain world, insurance costs can pose a hefty burden for homeowner's associations and co-op and condo boards trying to keep budgets balanced and costs lows. One potential solution to that burden may be a risk purchasing gr…

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Insurance The Ins and Outs of HOA Policies
2004 Aug The Ins and Outs of HOA Policies

Unless you are in the business, understanding insurance can seem complicated—but for association boards, management companies, shareholders, and unit owners, it's important that everyone is aware of the insurance that is needed and provi…

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Insurance General Contractors and Insurance
2004 Aug General Contractors and Insurance

Imagine that your condominium association calls in a general contractor to do some renovation work on one of the buildings in your development. Or one of the unit owners calls in a contractor of his own to do some work on his kitchen or …

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Insurance The Value of Directors and Officers Insurance
2004 Aug The Value of Directors and Officers Insurance

Imagine you sit on a board of directors that makes a mistake or error in judgment that results in a lawsuit. Imagine the case goes to trial, and the judge awards the plaintiff hundreds of thousands of dollars in damages. Now imagine that…

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Finance Large Associations Face Sales Tax Audits
2004 Jul Large Associations Face Sales Tax Audits

The New Jersey Division of Taxation is cracking down and performing more sales/use tax audits of Common Interest Realty Associations (CIRAs) of all types—co-ops, condominium associations, and apartment buildings—than ever before. There a…

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Finance Reverse Mortgages
2004 Jul Reverse Mortgages

Buy a motor home and travel the country. Pay for grandson Johnny's college education. Fix up that old kitchen you've been complaining about for decades. These are things you've been wanting to do for years and years, but, though you've w…

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