Category: On The Board

This informational seminar will provide board members and property managers with a working knowledge of recent legal changes, and what's required to ensure community compliance. The expert panel will share valuable insights, practical strat…

Boards of condos, co-ops, and HOAs face many responsibilities, but two of the most significant—and often most complex—are managing arrears and conducting elections. With laws and regulations around both topics frequently evolving, staying i…

Serving on one’s condo, co-op or HOA board is voluntary, and board members do not serve indefinitely—or at least, they shouldn’t. Multifamily shared interest communities are required to hold regular elections, the result of which is some bo…

Coming as they so often do from rental apartments where a landlord is responsible for handling most of both the physical and administrative upkeep of the property, co-op and condo owners frequently have an incomplete—and often incorrect—und…

In a recent essay published in the National Housing Conference (NHC)’s newsletter, NHC President and CEO David M. Dworkin breaks down ‘What we know about Fannie and Freddie as we begin the 10th week of revolutionary change’ for readers.  I…

Among the many factors necessary for multifamily residential buildings to achieve financial stability, proper budget planning, compliance, and trust among shareholders, effective fee management is one of the most important. Understanding th…

The right property management team can make or break a building. While basic day-to-day maintenance and financial oversight often take priority when managing a multifamily property, comprehensive property management also includes building s…

On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…

In the labyrinth of our legal system, changes to a law can reverberate outward to impact areas not originally intended. Such is the possibility with recent changes—and changes to those changes—to the Corporate Transparency Act (CTA). Hal Co…

What’s a board to do when a shareholder or unit owner consistently fails to hold up their end of the agreements—both spoken and unspoken—that underpin successful multifamily living, either through nonpayment of fees, or objectionable behavi…