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  • How to Create Policies for Your Condo Association—Without Making Enemies

    Rules are essential in a multi-family community. They layout expectations for the residents and promote a spirit of co-operation amongst the group. When the board-set policies are violated, a defined set of steps should occur to encourage compliance. It is important for a condo board to craft their policies thoughtfully, looking at the rules from all angles to determine the balance between the need, property values and homeowner freedom. Here are eight steps to consider when developing policies for your condominium.
  • How to Identify and Resolve Conflict within a Condo Board

    As a condominium or HOA board member, how do you deal with contentious issues? This article discusses five steps to take to foster a spirit of cooperation among board members and diffuse difficult situations.
  • Setting reasonable pet policies for your condominium: What you need to know

    Pet owners love their pets, but not everyone else feels the same. When people live in multi-family communities it is imperative to create a balance for all residents, whether they have furry companions or they don't. How can this be achieved? A good start is clear bylaws and pet policies that consider the needs of all.
  • How Your Condo Board Can Ensure Great Communication

    For a condominium corporation, great communication relies on an open exchange of information, thoughts and ideas among residents, board members and your property management company. When communication is done well, you can get the answers you need, tackle challenges and strengthen community spirit.
  • Potted Plants are Not Ashtrays

    It seems innocent, but a surprising number of balcony and backyard fires are unintentionally started by disposal of smoking material in a potted plant or planter box. In a condominium environment this can have, and has had, disastrous consequences. And it's not just a summertime problem.
  • Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof

    We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes. These harsh weather conditions can create all sorts of problems, from minor leaks to major cave-ins that can cost a condominium corporation thousands to repair.
  • 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.
  • 7 Financial Must-Do’s for Condo Corporation Success

    There are so many things to enjoy about living in a condominium community. Among them are the sense of community, the great amenities and the high standards. However, if your condo corporation’s finances aren’t stable, none of it is possible.
  • 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.
  • The Sharing Economy Part 2: Reducing the Risks to Condo Associations and Residents

    Short term vacation rentals are popular with both travelers and the homeowners that rent to them. Perhaps you have stayed in a home that was advertised on Airbnb or VRBO. Maybe you have rented your home this way. For the most part people love this alternative to staying in a hotel or a B & B. But what are the implications when the home is part of a multi-family community? What about the common areas and amenities for which all the owners pay upkeep? There can be insurance implications as well. This article discusses some ways the risks to the condominium and its residents can be reduced.
  • Six Simple Steps to Develop Your Condo Budget

    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.
  • The Condo Residents’ (Unofficial) Bill of Rights and Responsibilities

    Life in a multi-family community is much more pleasant when residents and leaders each understand their individual rights and responsibilities. As in all aspects of life, respect for each other and adherence to the rules are key components to successful community relations.
  • The Secret to Great Board Member Communication

    As a board member of your condominium corporation you have many responsibilities. Within your role time management and organization are two vital aspects in the life of a board member, but what about communication? Let us offer you some tips on ways to best communicate as you fulfill your duties.
  • The Six Secrets to Building Your Condo’s Volunteer Pool

    As a board member for your condominium corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging.
  • True Financial Stability

    A strong, healthy corporation requires every facet of property management to work in sync toward one common goal...true financial stability.
  • 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.
  • 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).
  • Condo Capital Improvements: Lending Solutions for Condominium and Co-op Boards

    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.
  • 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.
  • Facade Inspection Safety Program (FISP): Understanding Cycle 9 Requirements

    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.
  • 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.
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