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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.

The DOB has updated LL97 carbon emissions requirements for boards and building owners, including fines and violations for non-compliance, filing deadlines, and Good Faith Effort.

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?

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.

When living in a community, whether a suburban neighborhood, a vacation destination, or a retirement haven, you'll likely encounter terms like HOA and POA. These acronyms, standing for Homeowners Association (HOA) and Property Owners Association (POA), play vital roles in shaping the quality of life and property values in residential areas.

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.