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The ins and outs of homeowners insurance for condominiums
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. -
Are homeowners association fees refundable?
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. -
$10K savings in monthly electricity costs through Community Distributed Generation (CDG) programs
FirstService Residential is expected to deliver up to $10K in monthly electricity cost savings to buildings subscribed to a local Community Distributed Generation Program. -
Local Law 97: 2023 updates from the New York City Department of Buildings
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. -
Effective HOA Communication Tools: Why the Right Technology Matters
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? -
Establishing effective HOA regulations
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. -
How Developers Benefit by Partnering with Property Management Companies
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. -
The cost of property management: How much do property managers charge?
In this article, we delve into the world of community association management fees, addressing common questions such as how much property management companies charge, the average property management fee, the tax implications of HOA fees as well as the value of hiring a professional management company. -
Looking Forward: Emerging Multifamily Rental Trends in New York City
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. -
Upholding community standards: 5 most common HOA violations
An HOA violation refers to any action or condition that goes against the community's governing documents, including covenants, conditions, and restrictions (CC&Rs), and bylaws. -
Why do HOAs exist, and what is the purpose of an HOA?
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? -
HOA Lawyers: Why your community needs them
Managing an HOA involves dealing with a myriad of legal issues, from drafting and enforcing bylaws to resolving disputes and navigating complex real estate laws. This is where the expertise of HOA lawyers becomes indispensable. -
HOA Liens: What homeowners need to know
In this comprehensive guide, we'll explore what HOA liens are, how they work, and their implications for homeowners. -
Tips for understanding your property management agreement
In this comprehensive guide, we'll delve into the intricacies of property management contracts for community associations, addressing key questions and considerations. -
Multifamily Rental Trends: Introducing the 485x Tax Exemption for Builders and Developers
New York City hopes to spur construction of multifamily housing with new 485x tax exemptions. -
One Wall Street: A Test Case for Commercial-to-Residential Conversions
One Wall Street is an example of how residential conversions can succeed in one of the most expensive cities to reposition an existing building. -
2024 Insurance Market Trends: General Liability, D&O Coverage, and Umbrella Policies
Experts from our affiliated insurance brokerage share tips for owners, shareholders, and board members to minimize exposure to market volatility. -
Roberts Rules of Order simplified for HOA meetings
If you're an active Homeowner Association (HOA) board member interested in optimizing their meetings to increase efficiency, Robert's Rules of Order might be the answer for you. -
Lower Energy Costs for New York City Condominiums, Cooperatives, and Rental Buildings
FirstService Residential has partnered with Logical Buildings to simplify energy management and carbon emissions reduction. -
2024 Compliance Update: Lead Paint Inspections for NYC Apartments
New lead paint inspection laws will change how New York City's multifamily buildings must perform testing and maintenance. -
Building effective committees: Get more support from your community
Effective committees help lighten the load for board members. Learn how to set up and manage committees to leverage association engagement for maximum impact. -
Building effective committees: Get more support from your community
Effective committees help lighten the load for board members. Learn how to set up and manage committees to leverage association engagement for maximum impact. -
Building effective committees: Get more support from your community
Effective committees help lighten the load for board members. Learn how to set up and manage committees to leverage association engagement for maximum impact. -
HOA vs PUD: What is a PUD?
What is a PUD? Understanding the difference between HOA vs PUD can be difficult - discover our expert insights into the differences and more.