Instances of out-and-out fraud are rare in the world of condos and homeowners associations, but that doesn't mean you shouldn't look out for them and know how to spot signs of trouble. Consider this—most board members are volunteers…
Different HOAs take varying approaches to securing their properties—some rely entirely on video surveillance, some utilize intercom systems and leave it at that, and others want a living, breathing security personnel to patrol and guard …
While there are many similarities between co-ops and condos, are the two very different when it comes to things like insurance and liability? The answer is both yes and no. There are similarities, but some significant differences as…
Homeowners associations are governed by a private board, generally comprised of residents of the condominium. Just because board members are unpaid volunteers, however, does not exempt them from exposure to lawsuits. Indeed, HOA board me…
While panic and alarm are not warranted, the time is now for real estate owners, developers, lenders and borrowers to begin to pay attention to toxic mold and their potential liability for property damage or personal injury. Though the n…
There are many ways to lose talented, knowledgeable and caring volunteer officers from the board of community associations: Don't protect them from personal liability for the decisions they make by foregoing directors and officers l…
With summer fast approaching, no other amenity in a residential community is enjoyed more than the community swimming pool. From the community's perspective, a swimming pool can add to the value of the residences and attract prospective …
Anyone who has spent time serving on the board of his or her co-op or condo knows that it is a job that no one can do alone. Even if you have the most conscientious group of board members, the job is too time-consuming for a group of vol…
Community associations, whether a homeowners' association, property owners' association, cooperative, timeshare/interval association or commercial association are legal entities that are governed by bylaws and applicable statutory and gover…