The Community Associations Institute (CAI) estimates that 74 million Americans live in communities managed by homeowners associations, of which condos account for 35% to 40%. That’s a lot of people - many of whom may be in for a nasty shock…
Editor’s Note: This article originally appeared in CooperatorNews South Florida’s February 2019 edition. We present it again in light of the tragic condo collapse in Surfside earlier this year to highlight the importance of regular, properl…
Large or small, wealthy or humble, condo, HOA, or co-op, all multifamily communities must keep up-to-date records—of finances, meeting minutes, and rules and regulations, to name a key few. In some cases, it’s even required by law. That’s …
No matter how well constructed and carefully maintained, no mechanical system lasts forever—and that goes for elevator cabs and equipment just as much as it applies to roofs or boilers. At some point, your building’s vertical transportation…
It’s a question we’re asked all the time: “Can we use reserves to cover an operating fund shortfall?” Under normal circumstances, our standard response would be an emphatic “No!”—because reserves are for major repair and replacement project…
While residents of condos, co-ops, and HOAs do their part to prevent the spread of COVID-19 by staying in their homes as much as they can, they rely on the supers, porters, valets, doorpeople, janitorial workers, handymen and -women, securi…
COVID-19 has caused more far-ranging, persistent anxiety than any other event in recent history. It has affected our jobs, our living situations, and the way we interact with others, and it’s not done with us yet. Scientists and public heal…
It’s a question we’re asked all the time: "Can we use reserves to cover an operating fund shortfall?" Under normal circumstances, our standard response would be an emphatic “No!” -- because reserves are for major repair and replacement proj…
The Community Associations Institute (CAI) has compiled a digest of government action resources (including clickable links) to help multifamily communities navigate the process of reopening their amenities and common areas now that the fede…
Beginning May 26, 2020, employers who are required to keep Occupational Safety and Health Act (OSHA) injury and illness logs [which according to OSHA’s website include ‘facilities support services’ and ‘services to buildings and dwellings’ …