While the exception rather than the rule, boards can run afoul leading an association into troubled waters. In some cases, certain rules are enforced over others or community funds are simply mishandled. And in other instances, trusted adv…
The “Dream Team” label is often used to describe a perfect combination of highly-skilled people drawn together for a particular purpose. The 1992 U.S. mens' Olympic basketball team is probably the most famous example, but 'dream teams' hav…
The responsibilities of property managers include a wide array of tasks, from the physical to the administrative. While many of these jobs involve concrete things—like sending out monthly bills, filing paperwork, or going to meetings—eq…
Building boards and their managing agents function best when they work together as a team. Ideally, the two parties collaborate to implement policy, carry out administrative duties, and make decisions about the efficient operation of the…
With upkeep and mortgage payments, even the occasional renovation, owning your own co-op or condo can be work enough on its own. Now imagine being responsible for 10 units, or 50, even 200. That daunting task is up to each building’s boa…