A key to success and functionality in any relationship is clear, consistent communication. In a residential community, part of achieving functionality is managing the information in the governing documents and records which detail the …
While the spirits of New Jersey residents remain resilient, the lingering impact of Superstorm Sandy—the fiercest weather event to hit the East Coast in recent history—is still being felt acutely by the Garden State. Sandy left a path of…
While some condos and co-ops are lucky enough to have lawyers serve as members of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to answer questions, vet documents and sen…
Read any of the major business publications or websites and you’re bound to find articles on the importance of delegating. It’s one of the most fundamental skills for a successful business owner to have. A simple Internet search finds sc…
Snow, ice, freezing, thawing, refreezing all take such a toll on New Jersey properties that it’s practically a cliché—but it’s a cliché that condo and HOA board members and managers have to deal with every spring. Harsh weather …
Q Our association has difficulty attracting people to run for the board, as I'm sure is a common problem. Would we be able to amend our bylaws to require unit owners to serve at least one term on the board? How can we go about doing tha…
“We have 500 condo accounts and I can count on one or two hands the number of the ones that are not having issues with arrears,” reports Karen Sackstein, CPA, whose accounting firm, The Condo Queens, is based in Fair Lawn, New Jersey. “…
Q Is there a law allowing us to conduct a meeting without a quorum reached? We need more than 50 percent of the vote and certain shareholders refuse to attend meetings. We don't have a co-op board and cannot elect one. The old board mem…
Last year in New Jersey, a former property manager in Freehold Township was accused of embezzling $75,000 from homeowner dues. In a separate case, a woman, her husband and mother were charged with theft from an Aberdeen condo associatio…
Each year Trenton is flooded with legislation aimed at improving the lives of residents and business owners. For homeowner associations, condominiums and cooperatives, new rules and regulations can be either a blessing or a curse, as c…