Even as condos and co-ops around the Northeast have loosened pet restrictions to increase marketability during the recession, not all New Jersey buildings and HOAs have jumped on the bandwagon. Co-ops, most of which do not hav…
Tag: Real estate
Q Recently our board gave us a financial statement that, in my opinion, simply didn't add up. A friend of mine went to the town and school district to get the proper numbers and we found out that we were “not” given the correct infor…
With the New Year under way, The New Jersey Cooperator’s 2011 Condo, HOA & Co-op Expo is quietly taking shape as this spring’s must-attend event for the Garden State’s property managers, board members and unit owners. Held at th…
Most people wouldn't buy a home without an attorney, or start a business without an accountant. In the same way those professionals assist with complex legal and financial processes, a civil engineer trained in the specific field of de…
Q Can a condo board legally prohibit any political activity by its residents? Most condo documents say that “the association shall not engage in any political activity.” The board usually interprets it to mean that there shall be no p…
Q A resident, married to a shareholder, wants to run for the board. She is not on the purchase agreement. Can she legally become a member of the board if she is not a legal owner of shares in the co-op? --Not Above Board …
In addition to depressing home prices, the current housing crisis has put a tremendous strain on the sixty million Americans who live in shared ownership communities (SOC) such as condominiums, co-ops and HOAs. While these shared owner…
In a return engagement, The New Jersey Cooperator magazine and Yale Robbins, Inc. invite all property managers, HOA board members, and unit owners to the New Jersey Condo, HOA & Co-op Expo, a one-day trade show event on Wednesday, May 5…
The New Jersey Cooperator magazine and Yale Robbins, Inc. are pleased to invite all property managers, HOA board members, and unit owners to the 3rd annual New Jersey Condo, HOA & Co-op Expo, a one-day trade show event on Wednesday, May…
Non-Payment for Amenities Q “We have an owner in our condominium association who is several months behind in his fees. He currently has a tenant in his unit. The association pays the bill for his water, sewage, pool and other am…