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2023 Insurance Market Trends: General Liability and Umbrella Policy Limits
Property insurance is among the greatest rising costs for New York City condo and co-op boards, especially general liability and umbrella policies. FirstService Residential can help. -
Great Service: Does Your Community Association Management Team Have What It Takes?
The right support, personality and set of expectations from your community are critical for your management team to deliver exceptional results. Does yours have what it takes? -
Protecting your community: What board members need to know about flood insurance in Florida
As a board member, you care about your community’s preparedness. Investing in flood insurance in Florida is one of the best ways to protect your community. -
Protecting your community: What board members need to know about flood insurance
As a board member, you care about your community’s preparedness. Investing in flood insurance is one of the best ways to protect your community. -
Flood insurance: What board members need to know
As a board member, discover what you need to know about floods and how flood insurance can help mitigate expenses caused by a flood. -
Flood insurance: What board members need to know
As a board member, discover what you need to know about floods and how flood insurance can help mitigate expenses caused by a flood. -
Requirements for HOA board members: Becoming a board member
Homeowners' associations (HOAs) play a crucial role in maintaining and enhancing the quality of life within a community. One of the pivotal positions within an HOA is that of a board member. Serving on an HOA board comes with responsibilities, challenges, and opportunities to make a positive impact in the community. -
A closer look at HOA covenants
Homeowners Associations, or HOAs, have become a ubiquitous presence in communities across the United States. With their neatly manicured lawns, consistent architectural designs, and communal amenities, HOAs offer numerous advantages to residents. But what makes these communities tick, and how do they maintain their order? -
10 considerations for vendor contracts
When hiring contractors for services within your community, a solid understanding of the vendor contracts is crucial for the success of a project. Depending on the type of project or service you are hiring for, your association may or may not require a bidding process. Soliciting bids is done in an effort to identify the provider that can best complete the work according to the association’s needs and within the given budget. -
8 secrets to a better association budget process
While there is no one perfect process, since every community is different, we do have 8 universal secrets to help streamline your community’s budget process. -
Conducting association meetings
Association board meetings are the foundation for effective governance of the community. These gatherings serve as the platform where board members, homeowners, and the management team come together to address a range of critical issues, foster community engagement, and ensure the smooth operation of the association. -
Can you refuse to join a homeowners association?
Homeowner Associations (HOAs) are common in many neighborhoods, and they play a crucial role in maintaining property values community aesthetics, and resolving disputes. While HOAs offer numerous benefits, they also come with certain obligations and restrictions that may not be appealing to everyone. -
Property Management: Is it worth the HOA management fees?
When it comes to managing a community association, the decision to hire a professional management company can be a game-changer. However, it's natural for homeowners and board members to have concerns about property management fees. -
Estoppel Certificates: What is an estoppel certificate?
Community associations, such as condominiums and homeowner associations (HOAs), are governed by rules, regulations, and financial obligations. Ensuring transparency and accountability within these associations is paramount. Among the essential documents that facilitate this is the "estoppel certificate," a vital component of real estate transactions within community associations. -
What is homeowners association property management?
Community property management is pivotal in maintaining and enhancing the value of residential developments and homeowners' associations (HOAs). It involves the oversight and administration of shared spaces and resources within a community, ensuring the well-being and satisfaction of its residents. -
Are You Eligible for New York City’s 2024-2025 Cooperative and Condominium Tax Abatement Program?
Our experts answered the most frequently asked questions to help owners and shareholders navigate requirements for the 2024-2025 tax abatement cycle. -
Cultivating Success: Embracing our culture and values
Within community association management, our goal is to establish industry standards by promoting a culture of service, dedication, and integrity within our organization. At FirstService Residential, our associates embrace our company's values and standards, contributing to our continuous success. -
The ins and outs of homeowners insurance for condominiums
Owning a condominium is a unique homeownership experience, blending the comfort of a private residence with shared community spaces. As a condo owner, you may wonder about the intricacies of insurance coverage. -
Are homeowners association fees refundable?
Homeowners' Association (HOA) fees are a common aspect of community living, providing essential funds for maintaining shared spaces and amenities. However, questions often arise about the nature of these fees, particularly regarding their refundability.