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Seven Tips for Preparing an Effective Annual Budget
Proper condominium management depends upon the annual budget for both short- and long-term financial planning. It’s important to follow some guidelines to ensure the success of the community and protect the investment of the owners. -
What Your Condo Corporation Needs to Know About the Legalization of Recreational Cannabis
The Canadian Senate passed Bill C-45 , known as the ‘Cannabis Act’, in June 2018 which legalized the recreational use of cannabis across Canada. The first G-7 country to do so! When Bill C-45 goes into effect on October 17 th , Canadians will be able to purchase, consume and grow up to four cannabis plants, as well as make cannabis-containing products at home. -
Florida HOA Laws 2020
Learn more about which Florida HOA laws passed in 2020, and how these new bills will affect your community. -
Florida Phase 3 Guidlines for HOAs and Condos
Get the latest Florida phase 3 property management guidelines to ensure your association is compliant. -
4 HOA Strategies to Cut Costs and Maintain Assessments
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. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
Market Trends & Best Practices: Property Insurance for Boards & Building Owners in 2021
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. -
Mitigating Board Liability & Personal Exposure – Part One
A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure. -
Mitigating Board Liability & Personal Exposure – Part Two
Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical. -
Ask the HOA Insurance Experts: Why are Premiums Spiking by 30%?
Insurance premiums are on the rise. Find out why the markets are hardening and find the right coverage for your Arizona association. -
New York’s Climate Mobilization Act | Frequently Asked Questions
FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades. -
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties. -
Flood Insurance for Condos and Co-ops in New York City
The rising cost of flood insurance and forthcoming changes to FEMA flood maps is a topic of discussion for condos and co-ops in the New York City area. -
New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners
As of November 2021, the New York City Council has extended Local Law 152 gas pipeline inspection deadlines for boards and building owners through June 30, 2022. -
The 2022 Florida Legislative Session And Why It’s Important For Community Associations
On January 11, state lawmakers will assemble for the annual 60-day legislative session. This session will cover a list of key issues and promises to be an active one for community associations for two particular reasons: the impact of the collapse of Champlain Towers South in Surfside and the skyrocketing cost of property insurance. -
FAQ: How New York City’s COVID Vaccination Requirement Impacts Boards & Building Owners
As of December 27, 2021, New York City’s Department of Health requires building workers who perform in-person work to show proof of vaccination to their employer. -
FAQ: The Impacts of the New York Prevailing Wage Law on Condominiums & Cooperatives
Beginning July 1, 2022, condominium and cooperative buildings in New York City must begin to pay building workers a prevailing wage or forfeit their eligibility for the Cooperative and Condominium Property Tax Abatement. -
7 Factors to Consider When Hiring a Property Manager
Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association. -
7 Factors to Consider When Hiring a Property Management Company
Hiring a property management company is a big step that will have a decisive impact on your community for years to come. Learn what factors to consider. -
7 Factors to Consider When Hiring a Property Management Company
Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association. -
2022 Florida Legislative Session: Update on Key Bills
Learn about the main bills addressed this session that will impact Florida's community associations and those who live and work in them. -
12 To-Do’s for Ultimate HOA Landscaping Maintenance!
A good spring-cleaning can do wonders for your community association. Here are some tips to get your started. -
2022 Special Session Update: New Laws Impacting Community Associations
At the Florida Legislature's special session, new laws impacting community associations support condo safety and insurance reform. Learn more.