Category: Law & Legislation

Law & Legislation Co-op vs. Condo
2016 June Co-op vs. Condo

So, you’ve decided to buy an apartment in the tri-state area. Congratulations—that’s the easy part.  Now you must choose whether to buy into a cooperative or a condominium. That’s harder. Significant differences exist between the two model…

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Law & Legislation Legislative Roundup
2016 June Legislative Roundup

The legislative season is upon us, and in many states, bills specifically dealing with co-ops, condos and HOAs are wending their way through the legislative process. Even when bills aren't aimed directly at those forms of home ownership, ma…

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Law & Legislation Alteration Issues
2016 April Alteration Issues

It’s no secret that residents in co-ops or condos can be a fickle bunch, and many times decide to undertake a repair or remodeling project themselves, without going through the proper channels.  Maybe it’s a new owner who wants to make maj…

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Law & Legislation Denying Access
2015 December Denying Access

The synopsis for the 2013 horror film The Purge is pretty extreme: in the future, society implements a 12-hour period called “the purge,” wherein any and all crime is legalized. Always wanted to vandalize your boss’s car? Thinking about sho…

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Law & Legislation The Neighbor Downstairs
2015 November The Neighbor Downstairs

We all hope for good neighbors when we move into a new building or community. The same is true for commercial properties in residential buildings. Making a good match, one that benefits both the commercial tenants and unit owners, can go a …

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Law & Legislation Going Overboard
2015 November Going Overboard

Condos and homeowner associations have made headlines over the years for passing all kinds of overreaching and downright silly rules and regulations—everything from forbidding the flying of the American flag to having prohibitions about han…

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Law & Legislation Avoiding Litigation
2015 June Avoiding Litigation

With dozens—and sometimes hundreds—of people living in a community governed by neighbors, acquaintances and friends, it should be no surprise that disputes occur in condo buildings from time to time. The possibility of disagreements …

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Law & Legislation Reducing Risks
2015 June Reducing Risks

For co-ops, condos, and HOAs, insurance premiums are some of those quiet necessities that tend to fly under the budgetary radar until it is time to examine the bottom line, provoking a search for savings. Without a doubt, insurance e…

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