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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.

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.

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.

Drafting a budget can seem like a daunting task. This guide will share tips to help you understand and manage your condo or HOA budget process.

Drafting a budget can seem like a daunting task. This guide will share tips to help you understand and manage your condo or HOA budget process.

Our experts answered the most frequently asked questions to help owners and shareholders navigate requirements for the 2024-2025 tax abatement cycle.

No longer the products of science fiction fantasy, electric cars are now a reality of everyday life. While the reduced emissions of personal electric vehicles, or PEVs, are good news for the environment, their charging requirements may create challenges for condo associations trying to navigate their infrastructure requirements, legal implications, management concerns and even aesthetic considerations.

FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program.

Multifamily building owners are now considering how to cater to legacy short-term renters, as well as forever tenants. This includes the provision of relevant and enticing amenities, expanded services, and rethinking concessions to maximize their revenue potential.