Category: On The Board

Board Operations Vendor Relations
2006 Oct Vendor Relations

They are the ones who maintain elevators, lay traps for rodents, re-tar the roof, mow the lawn, and rewire the lights in the association clubhouse. If a water main bursts, they repair the leak. You can find them under the boilers, in the fl…

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Board Operations The Ups and Downs of Board Presidency
2006 Oct The Ups and Downs of Board Presidency

It's a job that eats away at your free time, often results in you being bothered in your home after-hours and on weekends, and to top it off, doesn't pay one red cent. In fact, add up expenses like phone calls and gas, and you might even…

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Board Operations New Jersey Admissions Policies
2006 Oct New Jersey Admissions Policies

Three years ago, a member of the New York Giants football team was looking to move into Manhattan and applied to buy a co-op at one of the more luxurious buildings in town. Although the player made millions each year, he was denied entra…

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Board Operations Fuel Billing Options for HOAs
2006 Sep Fuel Billing Options for HOAs

When it comes to buying your community association's fuel and heating oil, if your goal is to pay rock-bottom prices well below what everyone else is shelling out, forget it. Everyone knows today's prices are high—and while we can all ho…

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Law & Legislation Liability in Co-ops vs. Condos
2006 Aug Liability in Co-ops vs. Condos

While there are many similarities between co-ops and condos, are the two very different when it comes to things like insurance and liability? The answer is both yes and no. There are similarities, but some significant differences as…

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Board Operations Owners' Rights/Financial Disclosure
2006 Jul Owners' Rights/Financial Disclosure

When a new unit owner moves into a condo development, he or she usually receives a welcome packet that contains all the governing documents, such as the declaration of covenants, conditions and restrictions, the bylaws and the house rule…

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Law & Legislation Common Lawsuits in HOAs
2006 Jun Common Lawsuits in HOAs

Homeowners associations are governed by a private board, generally comprised of residents of the condominium. Just because board members are unpaid volunteers, however, does not exempt them from exposure to lawsuits. Indeed, HOA board me…

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