There’s probably not a condo, HOA or co-op board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of …
Category: Association Operations
You can’t underestimate the value of insurance. In a simple analogy, operating a business—or the day-to-day business of a co-op or condo—without adequate insurance coverage is a lot like skydiving without a parachute. Needless to say, it’s…
When is a flood not a flood? That’s a serious question for southeast Florida’s residential communities. Even if they have flood insurance, damage caused by heavy rains and backed-up sewers may not meet the National Flood Insurance Program …
In an upscale lakeside community near Orlando, the pace of home sales unaccountably accelerated in 2009. At first, the new owners paid their assessments and fees. Then some of the homes were rented to subtenants, and others changed hands a…
As the 2012 federal legislative fiasco over the debt ceiling—as well as any number of other spending bills proposed since then—demonstrated, balancing a budget can be like pulling teeth. Balancing a condo or HOA community's budget can some…
Preparing the annual budget is by no means an easy task. Those charged with preparing condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year. Communities, businesses, individu…
Of all the responsibilities that come with being a board member or manager of a residential building, few are as important as ensuring the safety of your residents. Making and clearly communicating emergency plans, marking entrance/egress …
Many new condos and HOAs offer in-unit washers and dryers as an enticing amenity, but for those living in older building or high-rise apartments, more than likely residents will have to share a common laundry room. In most cases, lau…
While South Floridians do not have to brave the chilly, barren winters of more northerly environs, in many respects it’s more difficult to maintain a lush lawn year-round than it is to plant more seasonally in a varied climate. Challenging…
Hardscaping—the use in a landscape design of non-living elements such as pavers, rocks, and trellises—is a major aspect of the three-year clubhouse expansion and transformation completed in 2013 at Broken Sound Club in Boca Raton. A …