2007 Jan
2007 Jan Vol. 5, No. 1
Focus on...Management/Association Relations
Figuring Management Fees
When you buy a used car, you don't just walk into a dealership without doing any research beforehand. You don't just plunk your hard-earned cash down on the counter, tell the salesperson, "Give me that one," and then drive away with no questions asked. Read More
Tips for Seamless Management Transition
Your property management company is the custodian of your development. It is the job of your managing agent to handle your HOA's finances, keep track of contractors and vendors, and pay bills. But what happens if the company you hired to do this important work turns out to be a dud? Read More
A Day in the Life of a Manager
Whether you live in an active adult community, a gated, resort-style neighborhood, or a downtown high-rise condo, your community needs someone to coordinate the financial, physical, and mechanical upkeep of your property. Your managing agent handles all of these responsibilities—and if he or she is like most in the management profession, probably handles a lot more than that. Read More
Licensing for Professionals
When it comes to dealing with the myriad professionals who help make a co-op or condo association run smoothly, licensing can be a significant umbrella protecting board members and residents alike from potential problems. Choosing a licensed professional to serve as accountant, to build that pool house, to manage the lawn and shrubbery or remove snow each year will help ensure that the job is being done well and completed in a way that will be beneficial to the association both in terms of quality and liability. Read More
Managing Alterations and Renovations
Let's say the guy down the street is a sucker for all things medieval. On weekends, he dresses up in armor and whacks other armored men with clubs. Sometimes he even jousts. You get the idea. Now let's say this same fellow wants his home to reflect his passion. He plans to encase the place with faux stone, and erect two tall towers on each flank, to make it look like a castle. He's within his rights to do so, right? Read More
Women Professionals in Real Estate
Although New Jersey real estate has long been viewed as a male-dominated world, it's no longer just a boys-only club. Many women have carved their own paths to success in the industry, rising through the ranks as property managers, accountants and realtors. Read More
Adventures in Management
The incident started out ordinarily enough—a property manager had to tow an improperly parked vehicle from his association's grounds. The tow truck driver pulled up to the car and began to chain it up, but before he could complete the job, the vehicle owner came running out of his condo stark naked, and flung himself down on top of the car in protest. He wouldn't get off the hood until the police were summoned to restore order. Read More
A Look at Monroe Township
Kermit the Frog thought he had it right when he sang, "It's not easy being green," but in Monroe Township, it's not only easy being green—it's their priority to keep as much green in their community as possible. As the largest community in Middlesex County—42 square miles to be exact—maintaining a balance between open space and development has been an ongoing goal of the hardworking government and its residents. Read More
