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The Difference Between Operating Costs and Condo Reserve Fund Expenditures
Sometimes confusion exists over what expenses the operating budget covers and those that are reserve fund responsibilities. If board members understand the difference between the two, it's much easier for them to make the correct decisions when managing the affairs of the condominium corporation. -
Seven Important Things to Know About Condominium Boards
Each condominium corporation in Alberta is required by law to elect a board of directors to manage the corporation on behalf of all the owners. This article gives more detail about the election process and the role of the board. -
Seven Key Services for Condominium and HOA Boards
Recent research has revealed seven service standards that are important to condominium and HOA Board members when they evaluate property managers. How does your manager stack up? -
Six Important Things You Need to Know as a New Board Member
Some owners are reluctant to volunteer to be a condominium board member because they’ve never done it before. That’s why we developed these six essential tips for new board members to help them get up-to-speed quickly. If you consider these points as you get down to condo business, you will be successful in your new role ─ one in which you really can make a difference. -
The Do’s & Don’ts of Board Communication
Are Residents in Your Condo Corporation Getting the Message? Does your board know the secrets of effectively communicating with residents? -
The Role of Your Condo Board Treasurer
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. -
What If Our Manager Leaves? How to Handle HOA Staff Changes
Learn how to effectively manage HOA staff and manager changes. -
What If Our Manager Leaves? How to Handle HOA Staff Changes
Learn how to effectively manage HOA staff and manager changes. -
What Do Association Fees Pay For?
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. -
3 Ways to Resolve HOA Disputes and Community Conflicts
How do you resolve community conflict, prevent costly and time-consuming litigation and maintain a great reputation in the Nevada marketplace? Consider these three methods of alternative dispute resolution (ADR). -
What If Our Manager Leaves? How to Handle HOA Staff Changes
Learn how to effectively manage HOA staff and manager changes. -
Planning Your Next Virtual Annual Meeting
For New York City co-op and condo boards, virtual annual meetings are the new normal. FirstService Residential is here to help make your transition as seamless as possible. -
Tax Certiorari: Fast Facts for Boards and Owners in New York City
FirstService Residential managed properties have access to the tax certiorari experts at Goldberg Weprin Finkel Goldstein LLP, the premier firm in this specialized field. -
FISP (Local Law 11) - Understanding Cycle 9 Requirements in NYC
FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP. -
11 Critical Questions to Ask About Your HOA’s Maintenance Plan
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. -
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. -
Avoid These 5 HOA Board Blunders
To help you avoid the most common board blunders, we’ve identified four mistakes and some practical ways to avoid them. By preventing blunders, you can help steer your board in the right direction, which can ultimately help improve your overall community. -
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: -
Reserve Funds: Six Ways to Improve Association Returns
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. -
Six Ways to Have a Better Board Meeting
Improved board meetings play a crucial role in building up your association’s reputation and relevance in the market, which ultimately helps improve property values. Learn the six principles for better board meetings. -
Delivering Value: FirstService Residential Energy Aggregation Purchasing Program
FirstService Residential has helped boards and building owners save millions of dollars in energy costs, in part, through our Energy Aggregation Purchasing Program. -
Advocate, doer, visionary: 3 essential HOA board member duties
What does it mean it mean to be an advocate, doer and visionary? Learn about the 3 essential board member roles. -
Depth of Support: What You Should Expect from a Property Manager
Carefully evaluating the property manager is a critical component of board business and helps ensure a consistent level of service each and every day. -
Inflation, Insurance, and “In Case Of…": Why to Consider an HOA Assessment Increase
Raising assessments can keep your association healthy (and help boost property values). Read on to learn why, how and when to raise HOA assessments.