Finally, the big day has arrived: it's The New Jersey Cooperator's third annual Condo, HOA, & Co-op Expo. Yale Robbins, Inc. and The New Jersey Cooperatorwelcome you all back on Wednesday, May 5th to the Meadowlands Exposition Center. Si…
Tag: Homeowner association
Q Can you please direct me to New Jersey regulations regarding voting procedures for HOA boards? Our bylaws state that board elections must be conducted by secret ballot. In a recent election, one candidate ran with a platform plank…
We all have needs. Wants, too. In a condo or HOA, the significant needs or wants of the unit owners usually have to be routed through the board or management company. In theory—and usually in practice—this is a sound and functional syst…
Every condo development and HOA has a board of directors in charge of governing the community’s finances, physical maintenance and other day-to-day business. The board is not just a group that runs the association, however—it is also a …
In today’s high-tech world, security can look a lot like a sci-fi movie. Golf clubs' carts can be equipped with laser scanners that can check license plates against an online database of the approved member's vehicles. Elevators will st…
One of the most important things to understand as a member of a condo or HOA is how responsibility for maintaining and repairing various building systems is divided between individual unit owners and the association at large. …
Here’s the scenario: the developer of your suburban building, who still owns enough units to throw his weight around, hires a property manager who plays fast and loose with the municipal tax codes. So much so in fact, that he winds up i…
When owners move into an HOA or condo development, most have a basic idea of who’s responsible for repairs and maintenance in their unit, and who’s responsible for the common areas—even if they don’t bother to read the governing documents…
Generally speaking, the issue of municipal services—snow removal, paving, garbage collection, etc.—as they apply to HOAs is pretty cut-and-dry: municipalities receive money directly from owners in the form of property taxes. HOAs budget …
Even in the best of economic times, preparing a condominium’s annual budget is a tiresome task, fraught with uncertainty, estimations and shifting numbers. Now, factor in one of the most challenging economic downturns in a cent…