In the tough economic environment that has hit our nation over the past few years, many condo owners have faced job loss, pay cuts or just financial uncertainty. Unfortunately, the signs of the times sometimes leads to an owner not pay…
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True story: a condominium community’s board of directors spent almost $50,000 in legal fees and court costs to evict a corpulent canine that exceeded the weight limit for residents’ dogs...by three whole pounds. In another comm…
Q I am the vice president of our board. Just recently we found out through a real estate agent that the president of the board is selling his unit. Does this pose a conflict of interest? In effect, should the president remain the preside…
Q Is there a law allowing us to conduct a meeting without a quorum reached. We need more than 50 percent of the vote and certain shareholders refuse to attend meetings. We don’t have a co-op board and cannot elect one. The old board mem…
With more than 8,000 miles of shoreline and 1,300 miles of sand, Florida is a beach lover’s paradise. From the sugar-white expanses of the panhandle to the shell-lined sands of Sanibel and the rocky coastal beaches of the Keys, you are …
Unless it's a thoughtful gift or a party in their honor, nobody likes surprises. That's especially true when it comes to sudden, serious, or non-negotiable repairs to a condo building or HOA. A community must have enough money saved to …
You’ve got the perfect couple looking into buying a condo in your building. And they love everything about the unit. But here’s the catch—they also love everything about another building’s unit. They can’t decide which to buy. …
This is about the easiest decision—the closest thing to a no-brainer—a co-op or condo board of directors will ever need to consider: what to do with vacant space. Install storage lockers. If you already have storage lockers, in…
By and large, a board and management company can expect payment from residents for monthly fees to be received on time and in full. These all-important funds keep day-to-day operations moving forward without delay. There are situations,…
It’s often hard to fully comprehend how quickly technology has evolved during our lifetimes, and much of that change is a result of how much closer we’ve become—virtually, that is. Whether it’s finding cheap plane tickets, or a restauran…