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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.

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?

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.

It can be tough to balance festive and tasteful, when it comes to holiday décor. Setting policies for decorating will help maintain peace and goodwill for all within your association.

It can be tough to balance festive and tasteful, when it comes to holiday décor. Setting policies for decorating will help maintain peace and goodwill for all within your association.

Resolving association meeting challenges is a crucial responsibility of your board. Learn how to handle 5 association meeting challenges as they arise.

Resolving association meeting challenges is a crucial responsibility of your board. Learn how to handle 5 association meeting challenges as they arise.

Association meetings can present challenges. Learn how to handle 5 association meeting challenges as they arise.

Association meetings can present challenges that can hinder the association's effectiveness. Learn how to handle 5 challenges as they arise.

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?

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.

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.

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.

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

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.

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.

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.

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

Be honest: How good are your association’s HOA communication tools? Can residents and board members readily contact each other and your management company? Does your method of exchanging information ensure safety, privacy, and compliance with NJ HOA laws?

Homeownership comes with a myriad of benefits, but it also brings a set of responsibilities, particularly when you are part of a Homeowners Association (HOA). The board of directors for the association maintains the integrity and value of a community by establishing HOA regulations that protect resident’s investment as a homeowner.

Residential home builders and real estate developers must wear many hats while creating the buildings and communities so many of us call home. Indeed, each project’s ultimate viability and marketability depend on how well every phase of development is planned and executed – ideally, with the highest levels of expertise, experience, cost-efficiency and professionalism.

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.

From enforcing rules on property appearance to managing communal amenities, HOAs wield considerable influence over homeowners' lives. But why do homeowner associations exist, and what is the purpose of an HOA?