2011 March
Focus on... Exterior Maintenance

Maintenance
2011 March Material Differences

These days, when a condo’s fencing, decking or siding wears out and needs replacement, smart boards are looking well beyond “apple-for-apple” replacement materials. Wood siding, a favorite for decades, is frequently being repla…

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Maintenance
2011 March Paving the Way for Spring

 When the days finally lengthen and the mornings lose that bitter chill, it’s time to assess the damage wrought by another New Jersey winter. For the board  members and the property manager of a community association, that wintertime  dama…

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Maintenance
2011 March Invasion of the Night Crawlers

“Sleep tight—don’t let the bedbugs bite" used to be an innocuous children’s rhyme but these days, it's a nightmarish refrain for a growing number of co-op and condo owners and their building administrators. Virtually unheard of for deca…

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Maintenance
2011 March Go With Your Gutter

Everyone knows the old phrase about April showers bringing May flowers, but what the saying doesn’t tell you is that the rain in April can also bring a lot of damage to your HOA's gutter system. Hard rain and blustery wind are always ar…

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Maintenance
2011 March Seasonal Walk-Throughs

 Warmer temperatures mean a farewell to clunky boots and bulky coats, but it also  means it's time for your building or HOA to shake off the snow and ice and take  stock of any damage or wear-and-tear inflicted by the winter months.   …

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Maintenance
2011 March Fort Lee, New Jersey

 Mention Fort Lee, New Jersey and two things come to mind. One is its proximity  to the George Washington Bridge, and secondly, its heritage as the birthplace  of the modern film industry and of the Palisades amusement park.    The …

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Maintenance
2011 March The Business Judgment Rule

 Co-op or condo ownership can mean fewer concerns about maintenance and  administration for residents, but it also means living by a new set of rules  and regulations. Co-op and HOA boards don’t operate as little fiefdoms unto themselves, …

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Maintenance
2011 March FHFA Reconsiders Flip Tax/Transfer Fee Ban

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 …

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Q&A
2011 March Q&A: Freedom of Information?

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…

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