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Mitigating Board Liability & Personal Exposure – Part One
A capable management company will enforce procedures and invest in technologies that help limit legal liability for the condo or co-op, and also mitigate board member personal exposure. -
Mitigating Board Liability & Personal Exposure – Part Two
Policy exclusions introduce increased risk to the board and often render a contractor’s policy meaningless. Properly vetting a contractor’s insurance is critical. -
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. -
10 property manager requirements to look out for
A property manager’s role is a unique one; it requires answering the needs of residents, A Community Association Manager (CAM), also called a property manager, is integral to the smooth functioning of residential complexes and homeowners associations. Whether managing property affairs or fostering a sense of community, the qualifications and skills required for property managers are diverse and multifaceted. -
New York’s Climate Mobilization Act | Frequently Asked Questions
FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades. -
Local Law 97 Updates: Building Energy Grades & Emissions Compliance
Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties. -
Delivering Exceptional Service: 6 Keys to a Great HOA Manager
What sets your association apart from other HOAs? Discover what types of support and training can help your manager (and association) excel. -
Board Member 101: HOA Leadership Roles and Duties
What are your HOA leadership roles and duties? To fully develop and enhance your leadership journey, begin by taking these four essential steps. -
Establishing effective homeowners association rules and 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. -
Want to Become a Community Association Manager? Here Are 7 Questions and Answers to Consider
Are you interested in becoming a Community Association Manager? It requires a passion for helping others, empathy, and dedication to providing quality customer service, among other things. Read our article to learn if it's the right fit for you. -
FAQ: How New York City’s COVID Vaccination Requirement Impacts Boards & Building Owners
As of December 27, 2021, New York City’s Department of Health requires building workers who perform in-person work to show proof of vaccination to their employer. -
FAQ: The Impacts of the New York Prevailing Wage Law on Condominiums & Cooperatives
Beginning July 1, 2022, condominium and cooperative buildings in New York City must begin to pay building workers a prevailing wage or forfeit their eligibility for the Cooperative and Condominium Property Tax Abatement. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
Talent and Supply Chain Disruptions
Has your community association been affected by labor shortages? Learn more about supply chain issues and how to address them in your community. -
7 Factors to Consider When Hiring a Property Manager
Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association. -
7 Factors to Consider When Hiring a Property Management Company
Hiring a property management company is a big step that will have a decisive impact on your community for years to come. Learn what factors to consider. -
7 Factors to Consider When Hiring a Property Management Company
Partnering with a property management company is a big step. Learn what to consider when deciding which one is right for you and your association. -
Market Trends & Best Practices: Liability Insurance for NYC Condominiums & Cooperatives in 2022
New York City boards and owners are experiencing great difficulty renewing general liability and umbrella insurance policies. FirstService Residential can help. -
Preparing for A Storm During Supply Chain Shortages
As the supply chain crisis continues to linger with no end in sight, proper storm preparation means considering supply shortages. Read on for 6 things to consider as your board prepares for the upcoming storm season. -
Do Associations Need to Adjust Wages for Their Staff to Stay in the Game?
The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market. -
Do Associations Need to Adjust Wages for Their Staff to Stay in the Game?
The labor shortage is drastically affecting the property management industry, and wages are playing a big role. Learn what you should know to help navigate today’s labor market. -
Association Policy 101: How to Make Rules Without Making Enemies
As a board member, you know the importance of making rules and establishing policy; these must be clear and sensible. The process for creating and enforcing rules successfully is the same. -
Association Parking Rules: 6 Questions to Assess Your Policy
How can you ensure that your association’s parking rules are fair and easy to understand and follow? Here are 6 essential questions to ask before you create or enforce parking policies.