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				<title><![CDATA[The New Jersey Cooperator, The Condo, HOA & Co-op Monthly - Articles - 2012 January ]]></title>
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					  <title><![CDATA[Q&amp;A: Ignoring the Pet Rules]]></title>
					  <link>http://njcooperator.com/articles/843/1/QampA-Ignoring-the-Pet-Rules/Page1.html</link>
					  <description><![CDATA[ I Our rules and regulations state that owners may not have more than 2 pets, one
 of which may be a dog. One of the unit owners&#8212;who also happens to be a board member&#8212; keeps 4 dogs in her unit as pets. Since she is a board member, the board will
 not take action against her. Not only is this not fair, it is against the
 rules. What can we do? 
]]></description>
					  <author>no@spam.com (Wendell A. Smith, Esq.)</author>
					  <pubDate>Mon, 06 Feb 2012 14:26:29 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/843/1/QampA-Ignoring-the-Pet-Rules/Page1.html</guid>
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					  <title><![CDATA[Q&amp;A: Missing Money]]></title>
					  <link>http://njcooperator.com/articles/842/1/QampA-Missing-Money/Page1.html</link>
					  <description><![CDATA[<b>Q</b> I belong to a small self-managed condo of six units. However, there are 2
&nbsp;serious concerns: 1) Recently, I discovered that two of the board members used
&nbsp;fund money to repair their boilers so they could pass inspection. They led us
&nbsp;to believe that all the boilers had failed inspection but there is no
&nbsp;documentation to back this up. I have made some inquiries with the inspector
&nbsp;and the plumber and have their report, which clearly shows only 2 boilers were
&nbsp;in need of repairs to pass inspection. 2) Since I have my suspicions, I looked
&nbsp;back several months and noted various checks paid to board members for "waiting
&nbsp;around" for service and repairmen, as well as large "reimbursements"
&nbsp;($500-$750). I don't have actual proof of any impropriety. But, do you have any
&nbsp;suggestions as to any legal course of action? Does this seem to be illegal? Isn&rsquo;t this embezzlement? Can one individual in the board have the power to bring
&nbsp;charges against them if they refuse to put the money back? 
]]></description>
					  <author>no@spam.com (Joel Rosen)</author>
					  <pubDate>Mon, 06 Feb 2012 14:25:46 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/842/1/QampA-Missing-Money/Page1.html</guid>
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					  <title><![CDATA[Shiny and New]]></title>
					  <link>http://njcooperator.com/articles/841/1/Shiny-and-New/Page1.html</link>
					  <description><![CDATA[&nbsp;For most people, few things are as stressful&mdash;or exciting&mdash;as buying a new home. That can be especially true for buyers and shareholders
&nbsp;who sign up to be among the first residents in a newly renovated or constructed
&nbsp;condo or co-op complex. There is the smell of the fresh paint, the shiny new
&nbsp;stainless steel appliances, the untouched bath tiles and pristine hardwood
&nbsp;floors&mdash;nothing quite beats that feeling of knowing that such a beautiful space is ours. 
]]></description>
					  <author>no@spam.com (Liz Lent)</author>
					  <pubDate>Mon, 06 Feb 2012 14:24:16 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/841/1/Shiny-and-New/Page1.html</guid>
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					  <title><![CDATA[RIP Fannie &amp; Freddie?]]></title>
					  <link>http://njcooperator.com/articles/840/1/RIP-Fannie-amp-Freddie/Page1.html</link>
					  <description><![CDATA[&nbsp;One of the biggest issues in the real estate industry over the past year has
&nbsp;been the speculation that government-sponsored mortgage programs Fannie Mae and
&nbsp;Freddie Mac will be ending. For the past 70 years, Fannie Mae and Freddie Mac
&nbsp;have helped countless Americans secure long-term, fixed-rate mortgages, by
&nbsp;purchasing them from lenders and securitizing them, all with the unofficial
&nbsp;guarantee of the federal government backing them up. 
]]></description>
					  <author>no@spam.com (Keith Loria)</author>
					  <pubDate>Mon, 06 Feb 2012 14:21:28 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/840/1/RIP-Fannie-amp-Freddie/Page1.html</guid>
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					  <title><![CDATA[Aging in Place]]></title>
					  <link>http://njcooperator.com/articles/839/1/Aging-in-Place/Page1.html</link>
					  <description><![CDATA[&nbsp;Citizens over the age of 65 comprise nearly 13 percent of the U.S. population&mdash;just under 40 million seniors. By 2030, it is estimated that 72 million
&nbsp;Americans will be over the age of 65, nearly doubling those numbers. Where this
&nbsp;volume of seniors will live and how, is a question facing not only the
&nbsp;individual seniors but also many boards and property managers who are seeing an
&nbsp;increased population of older residents. It is to be expected that this group will dramatically change the face of aging
&nbsp;and retirement. 
]]></description>
					  <author>no@spam.com (Anne Childers)</author>
					  <pubDate>Mon, 06 Feb 2012 14:20:38 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/839/1/Aging-in-Place/Page1.html</guid>
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					  <title><![CDATA[Managing Properties in Tough Times]]></title>
					  <link>http://njcooperator.com/articles/838/1/Managing-Properties-in-Tough-Times/Page1.html</link>
					  <description><![CDATA[&nbsp;The economy cratered&mdash;to use a term in popular parlance at that time&mdash;in September, 2008, with the collapse of too-big-to-fail Lehman Brothers. While the measures undertaken by the federal government and the Federal Reserve
&nbsp;averted complete financial meltdown&mdash;it never reached the point where we had to transport the necessary dollars to
&nbsp;buy a loaf of bread in a wheelbarrow, as happened in Italy a few decades ago&mdash;the last few years have been a litany of ominous economic indicators. Unemployment: in the double digits. Consumer confidence: an oxymoron. The Dow: mostly down. Property values: a fraction of what they were a few years ago. Foreclosures: way up. About the only positive is the interest rates, which hover near all-time lows. Mix in the mounting deficit, the Moody&rsquo;s downgrade of U.S. T-bills in mid-2011, and a growing populist uprising
&nbsp;centered around income inequality (and camped out across the river in Lower
&nbsp;Manhattan&rsquo;s Zucotti Park), and it&rsquo;s not a boon time for much of anything to do with real estate&mdash;in New Jersey or much of anywhere else. 
]]></description>
					  <author>no@spam.com (Greg Olear)</author>
					  <pubDate>Mon, 06 Feb 2012 14:19:24 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/838/1/Managing-Properties-in-Tough-Times/Page1.html</guid>
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					  <title><![CDATA[Management Style]]></title>
					  <link>http://njcooperator.com/articles/837/1/Management-Style/Page1.html</link>
					  <description><![CDATA[&nbsp;Every condo, co-op, and HOA community is different&#8212;each has its own distinctive character, attitude, and expectations. The same is
&nbsp;obviously true for the individual people who manage these communities and help
&nbsp;them run their day-to-day business. 
]]></description>
					  <author>no@spam.com (Greg Olear)</author>
					  <pubDate>Mon, 06 Feb 2012 14:18:20 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/837/1/Management-Style/Page1.html</guid>
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					  <title><![CDATA[Friend Us on Facebook]]></title>
					  <link>http://njcooperator.com/articles/836/1/Friend-Us-on-Facebook/Page1.html</link>
					  <description><![CDATA[&nbsp;With smartphones dominating the cellular market, people now have Internet access
&nbsp;anywhere and everywhere they go. While shopping and &ldquo;googling&rdquo; are leading reasons to use the Internet, the rise of social media has changed
&nbsp;the way in which people interact with one another, and with businesses. 
]]></description>
					  <author>no@spam.com (W.B. King)</author>
					  <pubDate>Mon, 06 Feb 2012 14:17:33 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/836/1/Friend-Us-on-Facebook/Page1.html</guid>
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					  <title><![CDATA[A Day in the Life of a Property Manager]]></title>
					  <link>http://njcooperator.com/articles/835/1/A-Day-in-the-Life-of-a-Property-Manager/Page1.html</link>
					  <description><![CDATA[&nbsp;No matter what the size of their portfolio, a property manager must wear a great
&nbsp;many professional hats: human resources pro, administrator, mediator,
&nbsp;organizer, social director, project manager, sounding board&mdash;sometimes even therapist. An on-site manager has more than his or her share of
&nbsp;responsibilities.]]></description>
					  <author>no@spam.com (Keith Loria)</author>
					  <pubDate>Mon, 06 Feb 2012 14:16:56 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/835/1/A-Day-in-the-Life-of-a-Property-Manager/Page1.html</guid>
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					  <title><![CDATA[Revenue vs. Reductions]]></title>
					  <link>http://njcooperator.com/articles/834/1/Revenue-vs-Reductions/Page1.html</link>
					  <description><![CDATA[&nbsp;Budgeting is never easy, not for a family of four and certainly not for a co-op
&nbsp;or condo community of hundreds. That fact is made all the more difficult by the
&nbsp;lingering effects of the recession, which continues to wreak havoc with our
&nbsp;confidence as well as the bottom line. For many boards, trying to balance a
&nbsp;budget these days requires making difficult choices. If the budget is falling
&nbsp;short, what is the solution? Raise more revenue by raising fees? Or reduce
&nbsp;costs by cutting back on services and amenities? For residents, neither option
&nbsp;is likely to win a popularity contest. 
]]></description>
					  <author>no@spam.com (Liz Lent)</author>
					  <pubDate>Mon, 06 Feb 2012 14:16:14 EST</pubDate>
					 <guid isPermaLink="true">http://njcooperator.com/articles/834/1/Revenue-vs-Reductions/Page1.html</guid>
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