Good afternoon—and welcome to the board. Your mission should you choose to accept it is to make decisions to better your building. The residents may not like you and, more importantly, may not like those decisions. Nevertheless, keep do…
2011 August
Focus on... Insurance/Board Training
New Jerseyans got a taste recently of Mother Nature’s wrath this spring when some of the worst flooding in decades damaged and destroyed homes and memories throughout Northern New Jersey. While some parts of the northern part o…
Recent developments, both legislative and environmental, have led to considerable changes in the New Jersey insurance marketplace. And such changes, as managers know, often lead to added paperwork, confusing requirements, and tricky le…
Most homeowners love the idea of having a swimming pool, athletic court or health club as part of their association’s grounds because it adds value to their property and it gives them something fun to do throughout the year. But HOAs th…
To be an informed board member is the goal. For both new and seasoned members, however, there are countless challenging topics requiring specific knowledge. With new regulations and legislation on tap, it is imperative that board membe…
Co-ops and condos function thanks to the dedication of board members who volunteer their time and expertise to make sure their building or HOA is efficiently run and that their investment is protected. Ideally, new board members might …
Q I live in a 55-and-over community in Hamilton, N.J. Both our public offering statement (POS) and our bylaws prohibit commercial vehicles to park anywhere in our community on an overnight basis. A commercial vehicle has been parking in…
Q I wonder what your take is on open meetings. Are all shareholders and unit owners invited to attend? Are they allowed to make comments? Are they allowed to attend the entire meeting? Is there some portion of the meeting that relates t…
Q We are a small seasonal condominium complex in need of guidance. Problems with the owners of one of our units occur every summer. The most recent incident, a repeat of incidents that have occurred in the past, involved abusive languag…