Good information and clear communication are crucial for anyone involved with the administration of a cooperative condominium or homeowners association—crucial not just to thriving, but surviving in today's challenging economic times. F…
After receiving over 4,200 comments on a proposal that would have eliminated flip taxes and transfer fees in co-ops, condos and HOA communities, the Federal Housing Finance Authority (FHFA) has reconsidered its position and will allow …
For community associations facing a world of economic uncertainty, the old notion of “strength in numbers” has perhaps never felt more relevant. Because when it comes to tough problems, the associations that are able to work together an…
Q I live in a 133-unit HOA in New Jersey with a nice clubhouse. The residents of the HOA are allowed to rent out the clubhouse. My question is, can a clubhouse be rented out to persons not living in the community? The association is look…
Owning a condo or being a member of a homeowner association is a something many New Jersey residents know a thing or two about. In 2004, the National Association of Realtors (NAR) estimated that 970,000 existing co-ops and condos were so…