Search

A good budget provides the framework for the successful operation of a condominium corporation. Sometimes condo board members are daunted by this important undertaking. We have broken the task down into manageable steps to help you create a financial plan that will accomplish your goals.

Safeguarding a condominium corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the corporation and its members by making sure all funds are properly managed, invested and protected.

Continually maintaining and improving your property is crucial if you want to protect your condominium corporation’s financial health. To ensure that these important responsibilities are well managed requires a long-term plan and a means of effectively handling day-to-day projects. Here’s how you can make that happen.

The board of a condominium corporation has many roles and responsibilities. This article highlights the importance of the duties the treasurer must fulfill on a volunteer condo board.

Adequate funding and planning preserves your community for future residents.

Managing package deliveries has become a necessity for condo associations and as the holidays arrive it's more important than ever to be organized for the onslaught deliveries. Check out our tips for managing packages during this busy time of year.

Learn more about which Florida HOA laws passed in 2020, and how these new bills will affect your community.

Knowing where your assessment money goes is essential to being a savvy association or co-op resident. In this article, we break down the main cost categories.

FirstService Residential and FirstService Financial work in tandem to help our clients successfully finance capital improvement projects and save money without compromising quality of service.

Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines.

FirstService Residential managed properties have access to the tax certiorari experts at Goldberg Weprin Finkel Goldstein LLP, the premier firm in this specialized field.

Is your preventative maintenance plan in need of a check-up? Read on to learn the 11 questions you should ask to assess your HOA’s maintenance health.

There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are four strategies to save your HOA money and keep assessments stable.

If your main concern is to avoid increasing assessments, you may want to reconsider. As a board member, one of your primary fiduciary responsibilities is to protect property values, and assessments are an investment that helps do just that.

Are you really getting the best returns on your reserve funds? Most board members aren’t sure. Learn six ways to improve your reserve fund returns.

Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale.

Healthy board communication is the key to enhancing your Arizona HOA’s reputation and property values. Use these 9 tips on how to improve communication to strengthen your HOA board.

In this article, we’ll cover everything you need to know to tackle special assessments effectively and help your community remain financially stable in the long run.

Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively.

Insurance premiums are on the rise. Find out why the markets are hardening and find the right coverage for your Arizona association.

Insurance premiums are on the rise. Find out why the markets are hardening and find the right coverage for your California association.

Ensuring the longevity and prosperity of your association requires strategic planning and responsible financial management. In this article, we will delve into the importance of raising HOA special assessments, the best methods for doing so, and the optimal timing for implementing changes.

Raising assessments can keep your association healthy (and help boost property values). Read on to learn why, how and when to raise HOA assessments.

Is your HOA reserving enough funds for the future? Go beyond the basics of reserve funds and learn how to maximize your investments.